Vendor Inspections or Pre-listing Inspections and Reports are becoming a part of sellers’ pre-closing process. Many sellers see pre-listing inspections as a hassle-free move that avoids delays and issues of doing an inspection when you have a buyer.
Issues can you avoid with a Vendor’s Inspection Report
Arranging a Pre-Listing Inspection may help an earlier closed sale for the seller by avoiding these issues:
- Defects left unfixed can discourage the buyer from purchasing the property.
- The vendor will be at the mercy of the buyer’s choice of inspector.
- The vendor will not have the convenience of booking the inspection time around his hours.
- You will be faced with conditional offers once the buyer finds out faults on your property that may need repairs.
Vendor’s Inspection Reports can also offer advantages to buyers
A buyer can also benefit from a seller who already has a Pre-Listing Inspection report.
- The seller has already shouldered the inspection fees.
- The buyer will know the real-time condition of the home at the time of purchase.
- The buyer has the assurance that any defects have been addressed by the seller.
- The buyer can use the report in case he needs to acquire financing or information for any other plans for the property.
How an unbiased and qualified inspector is an asset to property vendors
Whether you are buying or selling a home, it is essential that you understand the importance of hiring an unbiased and qualified inspector. Building Inspections should be conducted by a licensed and experienced builder. Independent Building Inspections (IBI) has over 25 years experience in the industry and is available seven days a week.