I have talked with lots of sellers in the last couple of years who have asked me this exact question. Two years ago, I leaned towards no, but explained what a pre-inspection could provide. Now, I lean more towards yes, and I’ll explain why, as well as times when it may not provide you a whole lot of benefit.
What Is A Pre-Inspection?
A pre-inspection is an inspection that you have done on your home prior to listing it for sale. It is the exact same type of inspection that a buyer would have during their inspection contingency, and the inspector is just as thorough. Once you have a pre-inspection done, it allows you to see what items need fixed and what some big ticket repairs may be.
The Pros Of A Pre-Inspection
This inspection is great when you’re in a market that’s strongly in favor of sellers. It allows you to display the home inspection to any potential buyer, which can take a lot of the concern about the condition of your home off the table. Also, it allows buyers to see any potential repairs, and they can negotiate those repairs in the initial offer, hereby satisfying the inspection contingency (assuming you reach an agreement). This gives you more peace of mind that a buyer won’t back out during the inspection period. After all, this is the time when the majority of offers fall through. On top of that, it gives you a chance to see any health and safety concerns that may resurface during the appraisal, and you can proactively correct those items before they even become an issue. And the greatest part of a pre-inspection: inspectors will often give you a bit of a discount for choosing to have a pre-inspection done.
The Cons Of A Pre-Inspection
There are things that can be a negative about getting a pre-inspection done. If you have a bigger ticket item that needs major repair or replacing, you will need to address that. You don’t want to leave that item out there for buyers to think they will have to deal with it, as that will likely scare off a lot of buyers. Also, once you’ve had a pre-inspection done, you are now required by law to disclose any and all defects on the home. This can be great, from one perspective, because you’re being transparent. But this can be incredibly nerve wracking for some buyers, because they may overwhelm themselves with reading all the defects on your disclosure.
Is There A Time When A Pre-Inspection Isn’t Beneficial?
There are times when it may not work in your favor to have a pre-inspection done. If you live in a market where buyers are more favored, it may not necessarily be a helpful tool that will speed along negotiations. Also, if your home is new construction and has been built within the last few years, and you’ve taken great care of your home since you bought it, it may not be worth the expense to pay for a pre-inspection. Likely, there are no big ticket items or major health and safety concerns that have come up.
If you’re unsure about whether or not you should get a pre-inspection before you sell, give me a call! We can discuss what’s the best option for you. My direct number is 509-844-5843. Thanks for checking out my blog!