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Call in the real estate inspector!

(istockphoto.com)

(istockphoto.com)

For many folks, straightening out there house means stuffing items that are out into a closet, deterring the actually cleaning. Face it, as a child when our parents asked us to clean your room, we would stuff everything into your toy box. That was the easiest and simplest way! In the end, the toy box would explode and the toys would be everywhere again and we would have to spend more time cleaning our rooms again. Long story short, let’s get our home right from the beginning prior to listing!

The sale of a home is a major financial milestone, but many homeowners stumble by being penny wise and pound foolish. If you don’t set issues to rest before you put your home on the market, you’ll drive down the price.

Many municipalities will require their building departments to inspect the property for health and safety concerns prior to allowing the transfer of the property to happen. Contact your local city hall for more information on that issue. But that’s just for starters. A pre-sale inspection can save you thousands of dollars in home value while only costing a few hundred dollars to conduct. A home inspector will identify issues through the eyes of buyers as well as local inspectors.

This will also allow you to have a smooth transaction once a buyer is located. Remember, a $500 repair could result in a larger credit requested by the buyer. The average buyer will not know what a true amount will be to repair the issue and will ask for more just in case.

Another reason for having a home inspection conducted is the unknown. I cannot tell you how many deals fall apart because of it. They don’t fall apart because of the sellers do not want to repair the issue, but because the issue scares the buyers away even though it can be repaired correctly and quickly. Many times the issue is not a big deal but to a first-time homebuyer it can be.

How many homes are for sale in your area right now? Give yourself the edge by informing all potential buyer through your broker about the thousands of dollars you have poured into the home. By pointing out all the repairs you’ve made, you could give yourself a crucial competitive advantage. Your home will have the potential to sell more quickly and for a higher return on your investment!

About Giuseppe Zerillo

Giuseppe Zerillo is the managing broker and owner of Zerillo Realty Inc. He is active on many boards, serving as sergeant-at-arms for the village of Harwood Heights and corporate secretary for Casa Italia. In 2011, he received the IANU Foundation's 2011 David Award for outstanding promise in the field of real estate, and in 2012 he was honored by the Illinois State Crime Commission for his community outreach. Constantly seeking opportunities to give back, he donates to several charities and raises money for children with disabilities.

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