When buying a home in a competitive market, it’s tempting to make some risky decisions to make your offer seem like the best one. This could mean offering more than the asking price or a agreeing to a quick closing, or in some cases, waiving inspections. Although waiving inspections might seem like a good idea when your offer keeps getting beat out, it’s not.
While the house may look good to the eye, there are many problems the average buyer can’t detect that can cost you a lot of money down the line. For example, beyond the surface there may be problems like termites, internal leaks or asbestos. No matter how much you want the house, do not make an offer without having it thoroughly inspected. Here are some solutions to satisfy your need to inspect while remaining timely and competitive.
