The Insider's Guide To Selling Your Home By Owner- Rocio Fausto I | Page 83
what can be required of you. An attorney or a qualified real estate
agent, such as myself, can help you to determine what is needed
from you specifically.
A Pre-Inspection Report is Recommended. Technically, it
isn’t normally a requirement for you to have a pre-inspection
performed. Regardless of whether you’re forced to or not, it’s a
good idea.
You see, most of the time certain inspections are going to
have to be done before a mortgage lender will indeed offer the
money for your buyer’s to purchase your property.
In the event that some part of your home doesn’t pass
inspection, you are in a whole wide world of very complicated
trouble.
Now, if you go ahead and pony up the cash to get a preinspection done, you have every opportunity to make repairs
yourself, and before the mortgage company in your future ever
finds out about the problems.
Or, you could also choose to make allowances in your
asking price for the repair of any faults once the home is out of
your hands. Another route you could take is selling the home ‘As
Is,’ but that’s a whole other ballgame unto itself.
I can’t say it e nough, and you might be a little tired of it, but
you really need to check with a professional before assuming
anything.
The rules for these sorts of circumstances are just too
diverse from location to location for you to take anything to
chance. The last thing you want is to have legal repercussions
from this sell hounding you years from now.
A Home Warranty is a Great Idea. A home warranty is
becoming a greater and greater incentive to prospective home
82