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Home Inspections are a Good Idea
Real Estate professionals have discovered that most complaints in the industry come from buyers after the close of escrow. Most of these complaints are about previously undetected property conditions. In short, buyers do not like to be surprised by hidden defects.
It is for this reason that a home inspection is a smart investment. Whether you are a beginner or experienced home buyer, Charlotte strongly recommends you obtain a professional home inspection.
You need to be informed about the condition of the property you are buying.
You need to learn how systems and fixtures work and how they should be maintained.
You need to understand the mechanical systems and safety features.
The "As-Is" Sale
The sales term "as is" is frequently misunderstood by buyers, sellers, brokers, and lenders. "As-is" means the seller does not warrant the condition of the property, but the buyer CAN, of course, still obtain a home inspection. "As-is" simply means that the seller will deliver the property in the same condition it was at the time of acceptance of the offer.
The seller must disclose by law all known material defects about the property. This information will be given to the buyer on a Transfer Disclosure Statement. The buyer should, however, be aware that lender-owned (REO) properties and probates are exempt from this legal requirement.
The "as-is" sale does not relieve the seller of any contractual obligations, if any, where pest control issues have been agreed upon by buyers and sellers.
Is it possible to buy a home without defects? No, every property will have some defects, even brand new housing. Many defects are technical or hidden--even a person living in a property for a long time may not be aware of all the defects. This is why a home inspection is so important for a buyer.
Sellers can get a Higher Price for their Home
First impressions only come once...
The Exterior (Curb Appeal). Buyers and brokers commonly drive by properties before they view the interior. It is essential that the front yard is well-groomed and maintained. The sidewalks and walkways should be swept. Washed windows and clean exterior light fixtures are a necessity. A beautiful exterior will lure your buyer inside your home.
The Interior (make your home sparkle). Clean your house from stem to stern and top to bottom. A quick coat of paint can make a world of difference. Stay with light, neutral colors. Have the carpets shampooed. Clean the blinds and drapes. Make sure that the floors are polished. Indoor plants make your home feel full of life.
Organize and Minimize. Unclutter every room. Remove all excess furniture and display just a few of your personal mementos. Less is more.
Repair and replace. Little things can make all the difference. Fix leaking faucets, loose knobs, sticking or warped doors and windows. Replace caulking around tubs, sinks, and showers. Well-maintained homes always shine.
Light and Bright. No one wants to live in a cave. Light homes sell! Open the curtains, blinds and shades. Turn on lights in dark areas. Rooms look more spacious when they are well-lit.
Fresh and Airy. Bread baking, potpourri, scented candles, or air fresheners make your home more inviting. Buyers may be offended by pet or smoking odors. A rose is a rose.
Charlotte Laws, Ph.D.
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