Selling home ‘as is’? Take heed

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

DEAR BARRY: Our house is on the market. We're waiting for offers and wondering if we should hire our own home inspector or let the buyer hire the inspector once we are in escrow. Our agent advises against hiring our own inspector. What do you think? --Kay DEAR KAY: Some real estate agents are in favor of pre-sale home inspections and some are not. Here are the reasons why I favor them: 1) When your disclosure statement includes a home inspection report, you are demonstrating to buyers that you have nothing to hide and that you are going the extra mile to provide full disclosure of the property's condition. This can build confidence in the minds of buyers that they are dealing with honest sellers. 2) A pre-sale inspection report can reduce your liability in the event that undisclosed defects are found after the property has been sold. Buyers are less likely to claim that you were concealing known defects when a home inspection report is provided prior to sale. 3) A pre-sale ...