Home Selling in 02151>Question Details

laureen.sava, Home Seller in Revere, MA

Is a home inspection a requirement in selling your home? Or is something the seller requests?

Asked by laureen.sava, Revere, MA Thu Jul 18, 2013

Help the community by answering this question:

Answers

11
It's not required. The buyer usually requests it. Sometimes the seller will do it before they list the house and have the report for any prospective buyers.
0 votes Thank Flag Link Mon Jul 22, 2013
It is not required for the seller but usually a standard contingency added to the deal by the buyer. Usually buyer's will not proceed with a purchase without the permission to conduct an inspection on the home.

Territory Real Estate
Massachusetts Destination for Home Buyer's
617 848 5407 ext 704
Web Reference: http://territory.com
0 votes Thank Flag Link Mon Jul 22, 2013
Luareen- A home inspection is not a requirement in selling your home.

But, with that said, it is standard and typical for a buyer to have a 5-10 day period to inspect the home. Most standard contracts in Massachusetts allow for that home inspection period.

Does that mean you have to allow it, no. But if you do not allow a home inspection it will seriously impact the price you can obtain for your home.
0 votes Thank Flag Link Thu Jul 18, 2013
Hello Laureen,
it is not a requirement , although advisable, to have a home inspection. The seller can request one, even if the house is nor for sale, to learn of possible issues with the property. Buyers typically pay for a home inspection to be conducted after an offer to purchase has been accepted. The time frame can vary but some agents use a ten day mark to have it done. If you are a fsbo (for sale by owner) a buyer may ask you to get and pay for a home inspection. There are different ways & variable on how you can handle a home inspection. Ultimately, a home inspection would serve both parties well imo. Hope this helps
Web Reference: http://wenrealty.com
0 votes Thank Flag Link Thu Jul 18, 2013
I also have never heard of that.
0 votes Thank Flag Link Thu Jul 18, 2013
I'm a Mortgage Broker and have been in the business 20 years. I have never had a lender ask to view a home inspection ever.
0 votes Thank Flag Link Thu Jul 18, 2013
Thank you kindly for your response.
Flag Thu Jul 18, 2013
A home inspection is not a requirement however, some lenders do request it to make sure the house is something they are willing to lend on.

The seller would not be requesting it, it would be the buyer that requests it and pays for it.

I will tell you though that it is a good idea for sellers to have one done. This way the buyer doesn't have too much to negotiate about.

good luck to you Laureen
0 votes Thank Flag Link Thu Jul 18, 2013
Hi Laureen,
A home inspection is usually requested and paid for by the Buyers. They literally need to know what they are buying, and a professional home inspector can usually tell them. There is no rule that says a seller can not have an inspection on his property before he lists it for sale, and it may help him with the listing price. However, this is usually performed by a licensed home inspector hired by the Buyer.

I hope this helps,

Marianne James
Marianne James Real Estate
Zero Rice Ave
Revere, MA 02151-1761
Mariannejames@comcast.net
0 votes Thank Flag Link Thu Jul 18, 2013
Hi..a home inspection is usually requested and paid for by the buyer to find out any hidden or safety issues to learn about the home they are purchasing. A seller occasionally will do one prior to listing to learn things about their home and issues that may come up and then take care of some if they choose to for avoidance of problems that may arise with a buyer later. Hope this helps.
0 votes Thank Flag Link Thu Jul 18, 2013
The buyer has a legal right to have a home inspection done by a professional within 10 days of offer acceptance. If there are issues with the home discovered at home inspection and the buyer does not want to proceed with the sale, they have a right to withdraw their offer. Usually both seller's and buyer's agent will assist in negotiating an agreement between the buyer and seller to fix some issues or reduce purchase price in light of needed repairs to the house, if it is warranted.

A seller is not required to have a home inspection done on their own prior to selling/listing their home. It can be helpful though. But once there is an accepted offer with a buyer, the seller is required to allow the buyer to have a professional home inspection done. The buyer pays for this.

Hope this helps!
0 votes Thank Flag Link Thu Jul 18, 2013
***not a ll buyer's have a home inspection done. Some waive it in their offer. But most do.
Flag Thu Jul 18, 2013
It's not a requirement for any party. It's traditionally done by buyers to make sure they know what they are getting.

Do you have some concerns with the condition of your house right now?
0 votes Thank Flag Link Thu Jul 18, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer