What's News! from myguardian.com |
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Sell Your |
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Prudent
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Ask any experienced real estate agent and
they will tell you that, all things being equal, a home in good condition sells faster and
at a better price than a home that isn't. A fresh coat of paint, manicured lawn, new
carpeting, or an upgraded kitchen or bathroom are time tested improvements that bring in
buyers, agents and purchase offers. However, there are often less glamorous improvements a home seller must also address before closing the sale. In some states, such as Florida, for example, a home seller is responsible for certain types of repairs by contract. According to Standard N. of the Florida Contract for Sale and Purchase (commonly referred to as the FAR-BAR Contract because it was drafted by the Florida Association of REALTORS® and the Florida Bar Association), the seller warrants (promises) that the home does not have any visible evidence of leaks, water damage, or structural damage, and that the various mechanical systems and appliances are in Working Condition. Furthermore, under Standard W. of the same real estate contract, the seller warrants to make a full disclosure of any known facts materially affecting the value of the property. With these important issues to master and overcome, prudent sellers and listing real estate agents choose to sell smarter by hiring a professional inspector before putting their home on the market. The many benefits of this seemingly unorthodox practice are simple yet effective. By having a home "Pre-Inspected" by a reliable home inspector prior to putting the home on the market, a seller and listing agent can:
After all, one of the secrets to selling a home faster, smarter and better is openly disclosing any known or suspected defects (including past repairs) so that a seller can move on with his or her life without looking over their shoulder after the sale is completed. |
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