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Reply to "If I had an a offer accepted without an inspection contingency"
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[quote=Anonymous][quote=Anonymous]Why do you want an inspection? They are over rated. They can be used for leverage in a soft market but there’s nothing major an inspector will notice that a savvy home owner won’t. You’re willing to pay 100k over asking but worried about minor repairs that might be 5-10k? Anything over that will be really hard to hide. Inspections are pointless in a hot market on a house that will go fast. Your agent gave you good advice, if you had to have that house. If you wanted an inspection, even if they gave you one, they can refuse to remedy and exit the contract. Which they would do bc the next buyer won’t want an inspection. [/quote] Why do you want an inspection? It’s basic due diligence on a substantial investment. I have never regretted hiring a vetted professional with subject matter expertise to conduct due diligence, whether it is financial analysis of a stock, a vehicle inspection, or a home. I have never regretted losing out on something I’m vetting to avoid a money pit. But that’s just me. If I owned a problematic property (I don’t, because inspections), the DCUM “Why get an inspection?” people would be my ideal buyers. [/quote]
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