You, of course, want to know what the big issues are, if any, but you also want to know the little things that will be an irritation or money drain before you sign the contract of sale. As a prospective purchaser of a home and property, you want the inspection(s) to validate your decision to purchase that piece of property. But, the buyer didn’t order and pay for the inspections to make the property out as garbage! The buyer likes and wants to spend and invest their hard earned money on the property and they want to make it their "home". Sure home inspections are ordered to reveal any unknown/undisclosed issues. Most everyone thinks that a home inspection and "termite" inspection is only for the "protection" of the buyer. Normally the home inspection results are revealed shortly before escrow is to close and there is no time for obtaining bids or alternative actions, which can result in a "blown" deal with everyone unhappy. Most real estate agents will appreciate this situation also because it takes most of all the uncertainty and stress out of the equation. This negotiating strength will allow you to realize as much of your equity as possible to be used to purchase your new home. When you do list your property for sale, you do so empowered with the knowledge that you know of, or have taken care of any repairs, and you can go into negotiations with the buyer straight on because you have a "heads-up" on what the condition of your house or home is. The information gleaned from the reports allows you to take care of any repairs that you feel you want to on your time schedule, and to obtain bids from various contractors for repairs you don’t want to tackle yourself, which could save you a lot of money in the process. Possessing this information prior to listing your house or home for sale not only enables you to plan, but to price your property accurately. Spending these few dollars in the beginning will save you major dollars and stress in the end. No matter what "shape" the owner feels his/her property is in (good, bad or in between), the smartest thing they can do is spend the few dollars necessary for an accurate home or house inspection and "termite" inspection.
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