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Real Estate
Reply to "I want to get an inspection on the house I’m buying"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Pre-inspection if allowed (which is a less involved inspection prior to putting in the offer) or put an information-only inspection with right to void in the offer (may be a dealbreaker if others offer no contingencies at all).[/quote] "Right to cancel/void" inspections are no different than inspection contingencies from a seller's perspective. It is in practice no different than a regular inspection contingency. Best way forward is to do a pre-bid inspection (either before the opens of on Sunday night/Monday morning). Then you know what you need to in order to make your strongest offer. In this market there will be offers waiving inspection (because they did pre-bid), appraisal and financing. You are unlikely to win without waiving. [/quote] Not all sellers allow pre-inspections, so then it is either including one for information-only (which is a bit different in practice given that you cannot negotiate off it, but I agree less desirable to sellers than waiving completely) or going completely without an inspection which, personally, I would not do.[/quote] Or, as suggested, you tour with your inspector paying him for his time. It isn't a full inspection and if he is asked to leave by the realtor then he will need to but you still get someone's eyes on the property who can give you advice. If you tour with your realtor anyway, you still get good advice just not everything a good, licensed inspector would know.[/quote] Our walk and talk inspection was maybe 2 hours. [b]Our viewing was 15 minutes.[/b] Some sellers didn’t allow full inspections because it blocked off so much time for other viewings. Make sure you book a viewing long enough for the inspector to do their job. [/quote] This is a major issue in a competitive market. The home we bought last summer didn't have an open house, and it was BOOKED for viewings - by the time we asked to see it there were maybe 3 time slots left. I think 20-30 minutes each. We took a few minutes longer that allotted, and the next people in line were very annoyed that we went over time (I wanted to look in the utility closet and check out all the systems because I knew we were making an offer). There's no way there would have been time for an inspector to come with us.[/quote] On the last house we bid on, lots of rando realtors and potential buyers came in during our pre-offer inspection appointment. So it seems like some sellers agents don't care and allow multiple bookings. It's particularly annoying during these COVID times.[/quote]
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