The Pros & Cons of a Pre-Listing Home Inspection Massachusetts
Massachusetts is a great state place to live in, especially if you have children who would one day like to attend Harvard and MIT in the future. Living close to such amazing colleges leads to a pretty high cost of living in Massachusetts and the nearby towns, like Methuen. According to CNBC, in America, Massachusetts is the third most expensive place for a person to live in. The average price of a house in this state is almost 70% higher than the national figures.
It can be hard to buy a house there but selling one can be quite advantageous. I know a couple who sold their small house in Massachusetts and then bought a big one in Arizona with the same amount of money. This means, that if you sell the house, there is a good chance that you will get a pretty good deal on it. However, it could be hard to get a good price if your house is full of flaws, damages, and defects. So, it would be wise to get the house inspected by a Home Inspection Massachusetts before you put it up for sale. Below are some of the advantages and disadvantages of getting a pre-listing home inspection.
The Advantages of a Pre-Listing Home Inspection Massachusetts
Pro 1: It tells you about the condition of your house.
Your house may seem perfect to you, but there is usually a great possibility of the existence of concealed issues. We usually do not focus much upon the condition of our HVAC systems, house’s foundation, and sewage system. Some people do not even notice the mold formation in the corners behind the doors and windows, especially in the laundry room. Moreover, there can be some problems like termite infestation that are hard to detect but can cause severe damage to the foundation of the house. A professional home inspector from a good company, like R.J. Home Inspection, will bring all these hidden issues to your notice. This way, you will be able to deal with them in time. In case there is nothing wrong and the report comes out normal, you can rest assured and forget all your worries.
Pro 2: It builds a good level of trust with the potential buyers.
Buyers usually visit multiple houses before deciding. A pre-listing inspection report can help you in gaining the trust of your buyers. You will stand out from the crowd. It is a great way to turn a person into a potential buyer. Buyers will feel more comfortable going ahead with the purchase knowing that there are no serious issues with the house. This way you will be able to eliminate their suspicions about the condition of the house. It is a great way to sell the house faster and at a high price.
Pro 3: You can repair and replace beforehand
The inspection report might prompt you to go for some last-minute repairs. Although it may seem stressful at first, it is quite beneficial for you. You will be able to go for cheap repairs and replacements. This way, you will be able to sell your house at the asking price.
Pro 4: It reduces the chances of a renegotiation
Buyers usually get the house inspected before purchasing it. Since you will be able to make repairs in time, there is a great chance that the inspection report will turn out to be in your favor. This will reduce any chances of renegotiation on the price of the house.
Pro 5: It leads to more suitable and accurate pricing
A pre-listing home inspection will allow you to demand an accurate price according to the condition of the house. For example, you cannot demand a high price for a house that has serious damages. It is very difficult to sell an overpriced house. It may sit on the market for ages and still not get any potential buyers. You can easily determine the worth of your house after knowing the condition it is in.
Pro 6: You will not be required to sign a “seller’s disclosure notice”
This means that if you live in Massachusetts, you will not be required to disclose the findings of your inspection report to the potential buyers. However, the state will require you to tell the prospective buyer about the existence of hazardous lead paint. Plus, if your property has a septic system, you will be required to tell the buyers about it.
The Disadvantages of a Pre-Listing Home Inspection Massachusetts
Con 1: It may lead to another expense.
Massachusetts home inspections can cost between $300 to $900. Furthermore, in case the inspection report reveals some damages, you’ll have to pay for the repairs and replacements. Hence, you need to be ready to face such expenses.
Con 2: You’ll have to face two home inspections.
Whether you go for a pre-listing home inspection or not, the buyer will still et your house inspected to make sure that everything is perfectly fine. So, you will have to face two home inspections. It might make you quite anxious and stressed.
Con 3: You might face some unavoidable and expensive repairs.
The inspection report may bring some unavoidable and expensive repairs to light, for example, the cracks in the foundation, faulty electrical wiring, or damaged roof. Such issues can significantly reduce the value of the house.
It is quite evident from the information given above that the pros of pre-listing home inspection outweigh the cons. So, if your pocket allows it, there is no reason why you should not go for it. If you want to hire a company, you should know that for house inspection Methuen town or Massachusetts are covered by R.J. Home Inspections. They provide the best services at an affordable price. Follow this link to visit their website.
Leave a Reply