Surviving the Home Inspection

When you sell your house, chances are high that the buyer will be getting a home inspection. After all, a bank doesn’t want to loan money for a house that is in complete disrepair.

I’ve made a lot of updates to my house over the last 6 years. Recently, I even had some electrical and glass work done, knowing that they would be called out during an inspection. But guess what? Even with all the foresight in the world, the inspector will still find problems. That’s their job: to help the buyer save a little money.

Expect Some Stuff from the Inspection

My home was recently inspected. The inspector called out about 10 minor issues. Repairs would probably add up to $1000. However, I’m in the process of getting ready to move and I don’t really have the time or energy to deal with a bunch of little stuff. My solution was simple.

I listed my house for $229,500. The current bidder offered $231,500. The buyer did not ask me to help pay any closing fees.

Here’s what I did. I offered to pay $2,000 in closing fees in lieu of the minor work that needed to be completed. In the end, I’ll get my original asking price of $229,500. The buyer will get a nice house with a few minor quirks and some cash in their pocket. The buyer accepted.

It’s Really No Big Deal

Unless the real estate you’re selling is falling apart, the inspection isn’t really too much to worry about. Just be prepared to either do the work or offer an incentive to the buyer. I opted for the second. After all, one of the reasons I’ll be renting again is that I’m not a handyman. Problems around the house become expensive and frustrating for me.

In my case, I priced my home $4,500 higher than my realtor suggested. It worked. Not only am I getting my asking price, but I’ll be getting it after inspection, closing, etc. Of course it depends on the market, but it was a good strategy for me.

Everything Is on Track for the Move

Barring nothing extreme or weird happening, everything is falling in line. The house sale keeps moving forward. I’ve secured a nice apartment downtown. I’m selling off excess stuff that I don’t really need. I’ve got another month to get everything done. It’ll be a ride.

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Dan Erickson

Dan Erikson is the passionate voice behind Hip Diggs, where he explores the art of living simply and intentionally. With a keen eye for minimalism and its profound impact on our lives, Dan delves into topics ranging from decluttering spaces to decluttering the mind. Drawing from personal experiences and a deep appreciation for the minimalist ethos, he offers readers practical insights and actionable steps to embrace a more meaningful, clutter-free life. When he's not penning down his thoughts on Hip Diggs, Dan enjoys the serenity of nature, reading, and exploring the nuances of simple living in a complex world.

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