Sellers' Guide to a Home Inspection

Selling your house can be a difficult process. You must go through several steps to find a buyer willing to meet your asking price. When you believe you've identified the right buyer, you'll encounter the conditions on the offer to purchase, which typically include:

Home inspections are now a typical step in purchasing a house. Many buyers hesitate to move forward without this evaluation, particularly when interest rates are high. With limited funds for unforeseen repairs, buyers need to be aware of potential issues with home systems, appliances, HVAC units, and water heaters.

Home inspections involve a comprehensive assessment of the key parts and systems throughout the house, including the attic and basement. A certified, insured home inspector performs the evaluation and, with real-time report writing, delivers an in-depth report of their observations.

Understanding that home inspection results do not necessarily cancel an offer is important. Rather, it is the condition of the property that does. Once the details are understood, buyers face a decision: negotiate repairs before completing the sale, adjust the price for future repairs, or withdraw.

The Home Buyer Rescission Period

British Columbia's Home Buyer Rescission Period lets buyers rescind within three business days after acceptance, for a fee of 0.25% of the purchase price ($250 per $100,000).

In a home inspection, the buyer holds significant influence, which can be challenging for sellers who have limited authority over the proceedings. There are still ways to reduce the stress that comes with it.

Give the Inspector Access

To keep the inspection moving, make sure the inspector has straightforward access to every part of the house. Areas that can't be accessed can't be inspected, which can delay the sale or require a return visit.

Here are steps to prepare for a home inspection:

1. Complete Necessary Repairs

Consider performing an initial assessment to uncover concealed problems. Handle the repairs you can, and be ready to discuss those you choose not to address. Important repairs include:

2. Improve Curb Appeal

The home inspector will record objective observations, classifying them into three categories: upkeep, repairs or replacements, and critical safety concerns that need urgent attention. Here are some steps you can take:

3. Check That the Home Operates

Perform a visual check and confirm the operation of:

4. Make Sure Everything Is Accessible

5. Welcome the Inspector

On the day of the inspection, be ready and accompany your real estate agent. Welcome the home inspector and the buyer, and share the home's maintenance records with the buyer. After that, step aside and let your agent handle the proceedings. Remember to take your pets with you during the inspection.

Using these tips, you can get ready for a home inspection. This will improve your chances of a successful sale.