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