Not Having a Home Inspection is Foolish

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The Drawbacks of Not Having a Home Inspection

When buying a house one of the common place activities is having a home inspection. The home inspection due diligence period allows a buyer to check up on the condition of the property they are purchasing.

In addition, the home inspection is very education, especially if you are a first-time homeowner. A great home inspector can not only point out significant and not so significant issues but also give a buyer lots of great information on how to maintain the home.

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In strong seller’s markets it has become more common for buyers to waive a home inspection. Why is this happening you may wonder? Sometimes a house will have multiple offers on it. In order to make an offer more attractive to a seller, a buyer will forgo the inspection. This is really risky business!

There could be countless problems with the home. As a buyer, you are then stuck with all of these issues.

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The home inspection contingency allows you to research and discover problems. If these problems are large enough you can then walk away from the deal.

By waiving a home inspection you are no longer afforded that luxury. Take some advice – don’t do it. Take a look at the article referenced above at The American Society of Home Inspectors for a detailed explanation.

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