If you are selling a home, you'll get the highest price in the shortest time, if your home is in top condition. And you want to find out about any hidden problems before your house goes on the market. Almost all sales contracts include the condition that the contract is contingent upon completion of a satisfactory inspection. This is known as the "inspection contingency". Buyers will insist on a professional home inspection performed by a home inspector they will hire. If the buyer's home inspector finds a problem, it can cause the buyer to get cold feet and the deal can often fall through. At best, surprise problems uncovered by the buyer's home inspector will cause delays in closing, and usually you will have to pay for repairs at the last minute, or take a lower price on your home
Having a home inspection performed ahead of time helps in many other ways: It allows you to see your home through the eyes of a critical third-party. It helps you to price your home realistically. It permits you to make repairs ahead of time so that defects won't become negotiating stumbling blocks later. There is no delay in obtaining the Use and Occupancy permit. You have the time to get reasonably priced contractors or make the repairs yourself, if qualified. It may encourage the buyer to waive the home inspection contingency. It may alert you of items of immediate personal concern, such as radon gas or active termite infestation. It may relieve prospect's concerns and suspicions. It reduces your liability by adding professional supporting documentation to your disclosure statement. Alerting you to immediate safety issues before agents and visitors tour your home. Copies of the home inspection report along with receipts for any repairs should be made available to potential buyers.