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Real Estate
Reply to "Is it suspicious when seller’s agent asks us to waive inspection contingency?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP again-offer wasn’t accepted, lesson learned for next time I guess. Thx again[/quote] The lesson isn't that you always waive the contingency. The lesson is that sellers often are aware of issues needing costly repair and they don't want to cover the cost. So, an offer of $200,000 and no inspection trumps an offer of $205,000 with inspection that will reveal the foundation needs $20,000 of underpinning.[/quote] Sadly, unethical buyers often use inspections as a reason to renegotiate, thus ruining it for everyone. So you can't tell -- perhaps the sellers have unknown or undisclosed issues -- or perhaps they just don't want to deal with buyers who (like some previous posters on this forum) deliberately bid over their budget with the plan of renegotiating after inspection.[/quote]
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