When you’re looking to sell your home, the entire process often includes an Orlando home inspection. However, you may be wondering who should be responsible for the costs involved. Keep reading to find out who usually picks up the tab.
Who Will Pay For a Home Inspection When Selling a Home and Why?
A home inspection is one of the most crucial steps in the process of selling a home. It gives the buyer a clearer picture of the state of the house, especially since a house purchase is a significant investment. At the same time, if it’s done earlier by the seller, it can allow the seller to fix problems with the house before the buyer flags any issues.
So, who is responsible to pay for the home inspection?
It is usually the home buyer. This is because the home inspection is not required by law, and it is often in the buyer’s interest to hire a home inspector. It allows them to have a better position to negotiate, and they can use the information to make a better decision.
By paying for the home inspection, the buyer gets to pick their home inspector and feel more confident that they’re basing their decision on an accurate and objective report. In addition, the buyer gets to truly see the state of the house beyond what is mentioned in the listing, or what they see with their untrained eyes. Ultimately, the responsibility is on the buyer to do their due diligence, and it’s in their interest to pay for a home inspection.
When Does The Seller Pay For a Home Inspection?
If the seller is doing a pre-listing inspection, then the responsibility of payment will fall on the seller. Having a thorough home inspection can help identify any potential problems and allow sellers to fix issues beforehand, which then allows for the seller to have a stronger negotiating position.
Pre-listing inspections can actually save sellers money and time. When they release the home inspection, it can help the house sell faster. In fact, many agents do use home inspections to sell houses faster and for a higher price.
What Does A Home Inspection Entail?
Home inspections will cover both the exterior and interior of any given property.
For the exterior, inspectors will check the walls, roof, sidings, and any signs of damage to the property and any other structures that may be connected. The property’s foundation is vital, so checks will be made to ensure safety. All of the drainage systems will also be scrutinized, and decks and patio areas will warrant a check as well.
Entering the property, the home inspector will be checking for visible damage like cracks and checks for the other systems in the property. This includes toilets and plumbing, heating and ventilation systems, and potential fire hazards.
Selling a home is a big move for everyone involved, and a home inspection is an integral aspect. Although some may have reservations about the costs and who will pick up the tab, the peace of mind provided by a proper home inspection is invaluable. Whether you’re a buyer or seller, a home inspection can benefit both sides in different ways. Give us a call today, and we’ll be happy to answer any further inquiries you have!