Real Estate
Buyer or selling a home is much more than just accepting an offer. Aside from paperwork, there are a number of other hoops to jump through to make sure the sale is smooth and fair. In a balanced market, anything can happen. Let’s brush up on what inspections mean for buyers and sellers.
Benefits Of Inspections For Buyers
When a buyer is purchasing a home, newly built or not, inspections help protect them. Investing in real estate is alway risky, even if it’s a family investment. Going through inspections can help a buyer circumvent unexpected costs that could come with the home.
When they happen, someone looks over the home from top to bottom, things that a buyer may not even think of or can’t see all get inspected. When you can’t see something, you can’t account for the costs that could come with the problems.
After inspections are done, depending on your agreement, this could result in further negotiations. Sellers could be asked to pay for various repairs, make concessions, or the buyer could back out entirely.
Problems With Inspections For Sellers
As you may have guessed, inspections can often be a point of problems for sellers. If you know you have a home that needs work, you will likely want to disclose the information up front so that any buyers who may not want to deal with the problem don’t start a deal. It can save you time and money to be honest about it.
You should also think about making repairs before you put your home up for sale. It comes with an upfront cost, but can save you money by selling faster and buyers won’t be looking for concessions of some type from you during escrow.
The other way to avoid inspections, is to not have it as part of your contract. This is primarily up to the buyers on whether or not they will require inspections, and a buyers market makes it all the more likely it will be in the contract.
Cash Buyers Don’t Require Inspections
Eric with ASDM Homes offers an easier alternative so sell your house fast in San Joaquin County that avoids any inspections, repairs, or renovations.
Cash offers can help you sell your house quickly, for a fair price, without inspections. When you forgo inspections, you skip over any potential problems with the sale. Your leaking roof or mold problem won’t keep your sale from going through.
If a cash offer is what’s right for you, Eric with ASDM Homes is here to help! We can give you a fair cash offer, help with all the legalities, and streamline the process to help get your home sold and cash fast! Contact Eric today to find out what you can get for your home and how quickly you can get that cash in hand!
