Reply to Help me get my ducks in a row FAST!

Forum Index » Real Estate

Reply to "Help me get my ducks in a row FAST!"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]How is that terrible advice? A buyer's agent role is to help the buyer secure the property that they WANT and for the best price possible. Is waiving an inspection giving the buyer less leverage, yes, but it's NOT a buyer's market in some of the areas, and with the low inventory you really need to have a strong offer to secure the house you want and if you want it now. I think I probably paid less for the house I recently bought by going this route, since it's not like I would have been able to ask the seller's to fix much anyways, since , repeat, it's NOT a buyer's market, and I was able to get the seller to accept my offer without getting into large escalation clauses, etc.

You can do a quick inspection that's only about $300 where they look at the major stuff, and if you're not capable of dealing with minor stuff (like caulking tile, fixing a drain pipe trap, etc., then you shouldn't be buying a house), which is most likely all you would ask somebody to fix anyways.

From the seller's perspective, it means you are damn serious about making it to closing on the house and when I went to sell my house I took the offer that only gave them the right to inspect.

The OP does not have to go this route if so desired, but in a multiple offer climate, if you've had a pre-inspection, you know the potential issues (if any), and then you're not going to put in some absurd escalation clause if the house does have a serious issue or not bid at all. I wasn't happy about having to bid this way, but after losing a house you really want because of the market conditions we are in, you would probably view it differently.
[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics