When you’re selling a duplex, triplex or fourplex in Silicon Valley, it may make sense to have the property inspected for pests – and to get a roof inspection done – before you put it on the market. Here’s what you need to know.
Should You Pay for Termite Inspections Before You Sell a Duplex, Triplex, Fourplex or Single-Family Home?
Many sellers prefer to hire a professional and have their properties inspected for termites (and sometimes other pests) before listing the home for sale. The reason is simple: It is a marketing tool. You can let prospective buyers know that the property has already been inspected and cleared by a professional – and that is one less thing the buyer has to worry about. No one wants to buy a structurally damaged property.
In addition to checking for termites, inspectors will check for dry rot, fungus, and any other issues that come with damage to wood. In California, most homes or properties are made of wood or stucco, so having an inspection is especially important here.
There are two items to note of particular importance on the termite report: Section 1 and Section 2. Section 1 indicates there is “actual” infestation of termites. The inspector has seen them, and they are existing and there. Section 2 indicates there is “potential” damage to an area, and if left un-treated or repaired, can become Section 1. These are your “hotspots” where termites can flourish and cause substantial damage to the property. Section 2 is not as serious but may be just as important to watch for. A good example of Section 2 may be a sprinkler hitting the side of a property causing future dry rot damage and a potential termite breading ground. A simple fix of the sprinkler can prevent this from happening.
On another note, if you suspect that the property is infested, it’s in your best interest to have it inspected before you put it on the market. Many real estate deals fall through after inspections – and that is the last thing you want.
Should You Pay for Roof Inspections Before Selling an Investment Property?
Like pest inspections, roof inspections can be a valuable tool for sellers. When you have a professional inspect the roof on your duplex, triplex or fourplex before you put it on the market, you will know exactly what needs attention – or, if you do not intend to make repairs, you’ll know how to price the property accordingly.
Telltale signs there may be a problem include stains on the ceiling of the sheetrock, mold growth on the singles, incorrectly installed flashing, roof granules in the gutter, missing shingles, or broken tiles.
The good news? Most roofing companies offer a free roof inspection once a year. You can call a professional roofing contractor to your property, get an estimate for repairs, and decide whether you want to hire the company yourself or adjust your sales price to reflect the need for repairs, upgrades, or replacements. This is the most comprehensive.
In addition, many pre-sale property inspections include a free roof inspection as part of their checklist. Although this option is not as extensive because the home inspector is looking at the entire property, not just the roof alone, it is an option.
Remember “Knowledge is Power”
A qualified agent with years of experience in the real estate market can help you schedule these inspections. When you are ready to learn more, connect with me today. I am happy to help!