Reply to If I had an a offer accepted without an inspection contingency

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Adding, according to online value estimators I also overpaid by $50-75K.[/quote]

You mean like the Zestimate? None of those online estimates are even remotely reliable.
[/quote]

Then what is?[/quote]

I mean, in this market, a house is worth what someone pays.

It sounds like you have cold feet and are looking for a reason to get out. Is the inspection a way to do that, or do you just want an informational inspection? If you want out and know that now, talk to your agent to see what can be done. It's possible they had a back up offer and would be willing to negotiate. Also possible they'll want to keep you EMD. Or sue you. In which case you're up a creek.

[/quote]

Reading between the lines, it sounds like there was a contract in August that had a bad home inspection and THAT buyer walked. It sounds like the seller addressed the inspection items and shared the inspection with subsequent buyer. My guess is they'd be in NO mood to let someone else walk without consequence. And I doubt there is a backup offer under the circumstances.

OP, it's normal to have cold feet. It will almost certainly be fine. Ignore the online valuations. They're all utter bullshit.

If you're really curious, pay for an actual appraisal (which you may be doing anyway if you're going to have a mortgage).[/quote

OP here. Wow. I’m a first time buyer and my agent didn’t even suggest that this was the scenario.[/quote]
Or - the seller wanted a quick sale and paid for their own inspection.
And in good faith shared the inspection with potential buyers in order to accelerate the process.

You can see online if there was a previous offer on the house - just ask your agent[/quote]

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