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Inspections & Appraisals
Most buyers will have the property examined by a licensed property inspector.
The Buyer's Property Inspection
Most buyers will have the property examined by a licensed property inspector to ensure everything in the contract is accurate. Inspection time frames will be laid out in the Purchase Agreement. Some buyers will choose to have seperate inspectors look at different areas of the property (ie. roof, plumbing, or HVAC inspectors).
If the buyer is receiving a loan, a licensed appraiser will most likely examine your property as well. Since the agreement is contingent upon financing, the lending institute will require confirmation that their investment in your home is accurate. Therefore, they will require a third party appraiser to determine the value of your property.
The Closing Agent
Either a title company or an attorney will be chosen as the closing agent, or escrow, whose job is to examine and insure clear title to real estate. After reviewing the recorded history of your property, they will certify that your title is clear of encumbrances (ie. leases, mortgages, or restrictions) by the date of closing to allow the transfer of title to the buyer.
When you are ready to get started, call us at 479.733.7325 or complete the form and one of our experienced agents will be in touch.
What else you should know...
Understanding Contingencies
A contingency is a condition that must be satisfied before the contract becomes legally binding. Common contingencies include securing financing, completing satisfactory inspections, and reviewing all relevant documents such as title reports and disclosure statements.
Buyers have the right to inspect the property thoroughly. Inspections may cover:
- Roof condition
- Termite and pest activity
- Chimney and fireplace functionality
- Property boundary surveys
- Well and septic systems
- Pool and spa equipment
- Mold and lead-based paint
- HVAC systems
When a buyer requests renegotiation based on inspection findings, having an experienced agent in your corner makes a real difference. We handle these conversations with professionalism and purpose, always working to protect your position while keeping the deal moving forward.
Loan Approval and Appraisal
We recommend working with buyers who carry a lender's pre-approval letter or written loan commitment rather than a simple pre-qualification. This provides a stronger indication that financing will follow through. Expect the lender's appraiser to verify that the agreed sales price is consistent with the property's market value.
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Tips For Selling Your Home
Give Your Home a Deep Clean
First impressions set the tone for everything that follows. Before listing, make sure every surface, floor, bathroom, and fixture is spotless. If needed, bring in professional cleaners to ensure your home presents at its absolute best.
Declutter Your Space
A clean, organized home allows buyers to imagine their own lives in the space rather than focusing on what is already there. Decluttering is one of the simplest and most impactful things you can do to increase buyer interest.
Handle Repairs Before Listing
A well-maintained home signals to buyers that the property has been cared for. Address outstanding repairs before your listing goes live so buyers walk in with confidence rather than concern.
Paint the Walls
Not only is painting a great way to clean up the walls but making the overall color scheme neutral will increase the appeal to potential buyers, making it easier for them to envision their belongings in the house - get rid of any bright, outdated paint colors and go with a neutral palette throughout the house.
Increase Your Curb Appeal
The outside aesthetic of your home is just important as the inside. Give buyers a good feeling before they even open the front door. Landscaping, mulching, flowers, pressure washing the driveway and exterior of the home are all simple ways to increase the value of your home.
Stage Your Home
Staged homes tend to fill quickly because they feel homier - if you have neutral furniture that you can leave in the home, do it, otherwise consider a professional staging company.
Depersonalize Your Home
You want to leave a few nice, framed photos around the house to make the home appear inviting and lived in, but in general, removing your very personal items, such as family photos will let the potential buyers see their photos in those places, versus yours.
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Northwest Arkansas Real Estate
Areas We Serve
- Northwest Arkansas
- Fayetteville
- Springdale
- Bentonville
- Rogers
- Lowell
- Farmington
- Centerton
- Prairie Grove
- Pea Ridge