Selling your Novi home means making sure you have everything lined up and ready to go. An inspection is one of the many tasks you’ll need to take care of to ensure you are prepared for a smooth home transition and sale. It’s essential to have a thorough understanding of your inspection so you can maximize your sale and have the most negotiating power.
An inspection can help you go into the negotiating process armed with knowledge and the upper hand. The following home inspection tips for your Novi property are designed to bring you to the top of your game. First things first: you need to understand the structure and contents of your home inspection so that you’re better able to navigate it.
1. Understand Your Inspection
Inspectors are unique and have their individual way of completing the process. Therefore, the inspection report will vary depending on who conducts it. However, there will be similar features and sections covered by just about any inspection.
The inspector’s primary goal is to examine your home’s physical structure as well as all of its systems. The inspection will include everything from the outside of the house to the inside of the home. In addition, it checks the top of the roof down to the foundation. The inspector will give you a report after the inspection, which summarizes the results.
The inspector will perform a visual inspection of the following areas:
- Roof, attic, insulation
- Walls, floors, ceilings, window, and doors
- Foundation and basement
- Heating and cooling system
- Plumbing system
- Electrical systems
- Exterior of the home including sidewalk, driveway, exterior buildings
The inspection report should include a detailed section about the type of equipment you have, the kind of inspection performed, what standards were used for the inspection, and what the recommendations are for repairs.
In addition to suggested recommendations, your inspection report will contain a section that outlines any areas that are more than just recommendations; these issues are safety hazards.
2. Understand What Repairs Buyers Will Seek
It’s critical to understand what is ethical or proper for the buyer to ask for after an inspection. Of course, the buyer could ask for anything and everything on the inspection report, but that isn’t practical. If they do that, it’s likely to start the negotiations off on a wrong foot. On the other hand, as the seller, you want to ensure that you don’t shy away from taking care of needed repairs, either.
So, what’s necessary and what’s not? What can the buyer ask for and expect to get? For the most part, they can expect you to repair anything that is considered a safety issue. For example, if the inspector notes that there is evidence of an electrical problem, then that will need attention. Similarly, if the porch step is loose and poses a safety hazard, then that would need attention as well.
3. DIY Can Be a Budget Saver
Your inspection report serves as a piece of valuable information. Armed with this in hand, you can be a step ahead of the buyer. When it comes to negotiating and getting a fair price, you should use all the resources possible. Some sellers may be pressured by the buyer to decrease the sale price because of multiple things on the report. But if you are proactive, you can use the inspection to maintain your price.
In addition to taking care of the fundamental safety issues, there may be a few things on your inspection report that you can handle yourself! By tackling some of the recommended fixes personally, you save yourself money in repairs. This further ensures you get what you want to out of the home. Here is a sampling of some of the more manageable home repair DIY tasks:
- Fixing the window and door gaps
- Dealing with any clogged drains
- Tightening up sagging carpeting
- Trimming any overgrowth outside—especially overhanging foliage
- Repairing damaged insulation covering on the HVAC unit outside
- Replacing a broken tile in the kitchen or bathroom
These common problems are not too difficult or costly to repair. By getting your inspection early and tackling some or all of the issues on your report, you will have more leverage when you are at the bargaining table.
These simple Michigan home inspection tips will ensure that you have the advantage when it comes time to sell your Novi home. You may even consider preparing for your inspection in advance by making some of these repairs in advance. If you do that, then the potential buyers won’t see these items showing up on the inspection report at all. You’ll have a clean inspection!
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