Should You Get a Professional Home Inspection Performed Before You Put Your London Ontario Townhouse On The Market?
Getting a home inspected before it goes on the market seems like a strange thing to do at first glance. Most Realtors don’t even think of having a townhouse or townhome inspected before they list one for sale. But once you understand how it can benefit you the seller, it turns out to be a very prudent decision. Here’s why:
- Home inspections eliminate any “surprises” that can delay or even kill a sale. They also help the seller negotiate better. In most cases, the buyer(s) will use weaknesses of the condo (frequently from an inspection performed after the home is sold conditionally on a home inspection or a status certificate) to negotiate a lower price at a time when the seller is most vulnerable. Rather than become a victim of such tactics, you can show you’ve already taken their issues into account in determining your price.
- Getting an inspection before going on the market allows you to understand the real value – knowing what you may need to fix and what you want to leave alone. It also helps you to price it better and understand what your “net” proceeds will be from a sale. The strengths and weaknesses of your home are going to be known by the buyer at some point anyhow. And the sooner you know them, the more you can act to minimize, eliminate, or adjust for them.
Home inspections ensure a faster close by eliminating contingencies and other issues and help provide a problem-free closing.
- You may also want to order a status certificate BEFORE your condominium is for sale. I would say that 80% of condominium sales in London Ontario are conditional on a status certificate. Again, why not preempt any issues or delays?
Receiving an offer for your London Ontario condominium without any conditions will relieve unimaginable stress for both you and the buyer.