Before your real estate agent places the “For Sale” sign in your front yard, you want to be sure that no stone has been left unturned when preparing your home for marketing. The “To Do” checklist that your agent gives you is created to help protect you from the unknown once you are under contract to sell. It is also a great checklist for taking care of everyday preventative maintenance of your home.
One of the key items on your list will be the recommendation to obtain a professional structural pest inspection prior to listing instead of waiting for an acceptable offer to see if your home is the subject of hidden pest or water damage.
For a fee of $100–$200, a state-licensed pest inspector will scrutinize everything from the rafters down to the foundation, looking for signs of active wood-boring invaders and/or dry rot. Termites and certain beetles can be causing behind-the-scenes damage to the structure, while water could be causing wood to rot where it is not properly protected. Once the inspection is complete, you will receive a report with suggested remedies and estimated costs for any areas of active infestation or dry rot. If and when you want to correct any problems is up to you.
Having this information before you move ahead with an offer gives you great advantages when selling your home. You will know the cost to get a clear pest report prior to agreeing on a selling price. Your buyer’s loan approval may depend on having a clear report so closing delays will be avoided. There is no doubt this is very difficult information to make sense of, especially when you are about to list your home! For this and many other reasons, it makes practical sense to engage with your real estate professional throughout the process so that there are no surprises and that together, you determine the best list price for your home!