Why would a seller pay for a whole house inspection?

Full question:

Why might a seller want to do and pay for a whole house inspection rather than having the buyer do it?

  • Category: Real Property
  • Subcategory: Sales
  • Date:
  • State: Nebraska

Answer:

A seller may choose to pay for a whole house inspection for several reasons. First, they can select the inspector, ensuring a trusted professional evaluates the property. Additionally, by covering the inspection cost, the seller may incentivize potential buyers, making the home more appealing and potentially speeding up the sale process. This approach can also help address any issues before negotiations, leading to a smoother transaction.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

Waiving an inspection can be risky for buyers. It may lead to unexpected repair costs after the purchase. However, in competitive markets, some buyers waive inspections to make their offers more attractive. Sellers may also benefit from quicker sales, but they assume the risk of undiscovered issues. It's essential for buyers to weigh the potential savings against the risk of future expenses.