There is a trend subtly making its way to the forefront for those trying to sell their home: the idea of paying for a home inspection as a seller is becoming a debated topic. For a majority of real estate transactions, the home inspection is ordered (and paid for) by the potential buyer after a purchase and sales agreement has been accepted and signed by both buyer and seller.
After the home inspection, the buyer has 3 options:
1. Request that the seller make some, all, or none of the repairs recommended by the home inspector.
2. Further negotiate a lesser purchase price to cover the cost of repairs, should the seller refuse to make the repairs.
3. Walk away from the deal only owing the home inspector his fee.
As a seller, it might be worth your time and resources to get the home inspection out of the way, minimizing the leverage that the buyer could gain in the home inspection. You will identify up front any areas of concern and can then repair them before the buyer has to ask.
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