Point of Sale Inspections can cost home sellers dearly.
If you are selling a home in Illinois, you could be in for a nasty surprise before you can finalize the transaction.
In more than 150 communities in the state, the seller of an owner-occupied home is required to arrange for a pre-sale inspection. While some communities handle these inspections professionally and in a way which preserves an owner’s private property rights, others seem to go out of their way to make demands for unnecessary or overly costly repairs.
Point of Sale Inspections are conducted by municipalities to check for obvious building code violations. Property owners report having found themselves in a bureaucratic quagmire where they think they are meeting an inspectors’ demands, only to find out they face a new set of mandates.
If you aren’t sure whether or not your community requires the inspection, check this handy list compiled by Illinois REALTORS®. Representing more than 47,000 real estate professionals, the organization gets feedback from its members on communities that have enacted Point of Sale mandates.