Eliminate surprises and hurdles during escrow by ordering Home Seller Reports when first listing your property on the market. Listed below are the advantages of ordering each type of report in advance.
1. Appraisal
· Price your property correctly at the very beginning, when most qualified buyers are viewing it.
· Help buyers see the value of your property.
· Demonstrate a better value in the market.
· Increase showings of your property.
· Give you and your agent confidence.
· Other agents are eager to show your property.
· More likely to get full price offer.
· Reduce surprises and pricing problems in escrow.
· Guarantee a faster, smoother closing.
· Make seller feel secure during escrow.
· Stimulate buyer confidence.
Once in escrow, if the appraisal comes in low, the buyer will probably cancel the sale.
2. Pest Control Inspection
· Buyers know exactly the condition of the property.
· Help seller disclose material defects in writing, limiting liability.
· Seller knows the cost of repairs in advance.
· Repairs can be completed early, reduce surprises (work needed) during escrow.
· Guarantee a faster, smoother closing.
· Make seller feel secure during escrow.
3. Home Building Inspection
· Buyers know exactly the condition of the property.
· Help seller disclose material defects in writing, limiting liability.
· Seller knows the cost of repairs in advance.
· Repair can be completed early, reduces surprises (work needed) during escrow.
· Guarantee a faster, smoother closing.
· Make seller feel secure during escrow.
These reports are well worth their cost, saving both money and stress!
Oh, how I wish it was MANDATORY for sellers to complete HOME BUILDING INSPECTIONS before listing their house for sale here in California! Then buyers could make more informed offers. It would save a lot of "later" negotiations in which sellers lose control of their transaction and the whole thing quickly unravels. If sellers completed an inspection in advance, and handed it to each prospective buyer, it would save everyone a lot of grief.
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Regina P. Brown
Broker, Realtor®, e-Pro
Author of eBook "Stop Foreclosure Fast: Solutions to Save your House"Text copyright © 2009 R.P. Brown, All Rights Reserved
Hablamos español.
As an SRES® designee, I have received additional education on such topics as tax laws, probate, estate planning, equity conversion strategies, and can offer you information on current market trends as well as valuable resources regarding real estate transactions.
Hi Shirley, thanks for reblogging this. Interesting ideas. I have to wonder if the buyers would rather hire their own inspectors, though? It would just mean the house was inspected twice! Super!!
This could never have been any better advice! Great words here.
Regina did a great job with this one. Hey girl, I like your new picture!
Shirley that was a nice post by Regina! I missed it when she posted so I am glad I got a chance to see it here.