Buying a house without an inspection

[Anonymous]

Would you do it?

[Anonymous]

no

[Anonymous]

Yep. I think it’s important for your first house. The inspector will sort of provide you and introduction to home systems. But after that an inspection doesn’t really tell you things that you can’t see for yourself.

The things that are going to be a surprise and cost you a lot of money are behind the walls and the inspector won’t identify those issues.

Stuff like age of water heater, age of roof are usually disclosed or there is a sticker on the big utilities.

[Anonymous]

Do a pre contract inspection. Its like $600-$700. Its not an inspection contingency, but gives you the piece of mind or at least allows you to have a decent sense of what you need to budget for or what might be too much for you to take on. Just know that no inspection is perfect and things will be missed.

I moved into a house with a working fridge...and sure it works, but at like ten degrees warmer than it should. It wasnt caught in the inspection and wouldnt have been.

[Anonymous]

Yes, we made several offers without an inspection contingency. We did actually do a pre-offer inspection the house we did end up buying and I thought it was kind of useless.

My good friend bought a house without inspection. The seller actually refused to allow even a pre-offer inspection. They did end up doing an inspection after they closed. The inspection revealed some of the potential issues but did not identify a very costly issue with the foundation. They've had a lot of issues with the house though they are still happy with it.

In retrospect if the market is not allowing inspection contingencies I would definitely plan to do a pre-offer inspection and would not move forward if the seller does not allow it.

[Anonymous]

Yes, we have put a contract on two houses without inspection contingencies. We inspections before we closed for piece of mind. One house was a new build, other was 20 years old - both hot markets.

[Anonymous]

Anonymous wrote:Yes, we have put a contract on two houses without inspection contingencies. We inspections before we closed for piece of mind. One house was a new build, other was 20 years old - both hot markets.

If they made offers without inspection contingencies, how were they able to do inspections before closing?

[Anonymous]

Anonymous wrote:Would you do it?

Yes. Did it 20 years ago and another 2 years ago. No issues with either.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes, we have put a contract on two houses without inspection contingencies. We inspections before we closed for piece of mind. One house was a new build, other was 20 years old - both hot markets.

If they made offers without inspection contingencies, how were they able to do inspections before closing?

It doesn’t mean you can’t do an inspection, it just means you can’t use the results to walk away from the obligation to buy the house.

[Anonymous]

Anonymous wrote:Do a pre contract inspection. Its like $600-$700. Its not an inspection contingency, but gives you the piece of mind or at least allows you to have a decent sense of what you need to budget for or what might be too much for you to take on. Just know that no inspection is perfect and things will be missed.

I moved into a house with a working fridge...and sure it works, but at like ten degrees warmer than it should. It wasnt caught in the inspection and wouldnt have been.

1000+

Did several offers without inspection contingency, but in ALL case did a pre-offer inspection. Unless you have stupid amounts of money, do the pre-offer inspection so you have some clue of what you are bidding on. Especially if you don’t have unlimited amounts of money to fix a house.

The multiple ~$500 down the drain (inspection cost) when we didn’t win a bid was painful but compared to the potential cost a of major house repair it’s minor.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes, we have put a contract on two houses without inspection contingencies. We inspections before we closed for piece of mind. One house was a new build, other was 20 years old - both hot markets.

If they made offers without inspection contingencies, how were they able to do inspections before closing?

You write in the contract "buyer to conduct inspection for informational purposes only"

[Anonymous]

Anonymous wrote:

Anonymous wrote:Do a pre contract inspection. Its like $600-$700. Its not an inspection contingency, but gives you the piece of mind or at least allows you to have a decent sense of what you need to budget for or what might be too much for you to take on. Just know that no inspection is perfect and things will be missed.

I moved into a house with a working fridge...and sure it works, but at like ten degrees warmer than it should. It wasnt caught in the inspection and wouldnt have been.

1000+

Did several offers without inspection contingency, but in ALL case did a pre-offer inspection. Unless you have stupid amounts of money, do the pre-offer inspection so you have some clue of what you are bidding on. Especially if you don’t have unlimited amounts of money to fix a house.

The multiple ~$500 down the drain (inspection cost) when we didn’t win a bid was painful but compared to the potential cost a of major house repair it’s minor.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yes, we have put a contract on two houses without inspection contingencies. We inspections before we closed for piece of mind. One house was a new build, other was 20 years old - both hot markets.

If they made offers without inspection contingencies, how were they able to do inspections before closing?

It doesn’t mean you can’t do an inspection, it just means you can’t use the results to walk away from the obligation to buy the house.

An agent allowing an inspection pre-close without an inspection contingency is a moron.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yes, we have put a contract on two houses without inspection contingencies. We inspections before we closed for piece of mind. One house was a new build, other was 20 years old - both hot markets.

If they made offers without inspection contingencies, how were they able to do inspections before closing?

You write in the contract "buyer to conduct inspection for informational purposes only"

I dont know who would allow that. No contingency, no inspection. Thats when you do a preinspection.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Would you do it?

Yes. Did it 20 years ago and another 2 years ago. No issues with either.

Well you got lucky and that was seriously foolish.