Wednesday, March 30, 2011

Pre-Listing Inspection Gives Sellers the Edge

Source:  MainStreet.com
Article by:  Jeff Brown

This article contains some great information for Sellers.  Finding out what needs fixing before putting your house on the market allows you take care of items that could come up during the Buyer's Inspection Period.  In Arizona, during the Inspection Period, a Buyer does his/her Due Diligence, and reports his/her findings to the Seller on a form called BUYER'S INSPECTION NOTICE AND SELLER'S RESPONSE (BINSR).  On that form the Buyer has 3 options:
  • Accept the property with no corrections requested.
  • Reject the property and cancel the Contract.
  • Provide the Seller an opportunity to make corrections.
The Seller can agree to correct the indicated items, state that he/she is unable or unwilling to make the corrections, or give a written response as to what he will do.

See how doing a Pre-Listing Inspection can be worth the expense for homeowners.

Pre-Listing Inspection Gives Sellers the Edge

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