Should You Waive the Home Inspection when Buying a Home?

If you are a home buyer, you probably have wondered if it is possible to waive the home inspection. It is possible, but it would be wiser to seek professional assistance. Home inspectors can see problems in homes that the average homeowner cannot. They can also identify problems that could lead to serious problems if they grow too large. These professionals can also suggest ways to fix any problems that have not been identified.

Home buyers and sellers should thoroughly research home inspection contingencies before making any home purchase. One of the best ways to do this is to contact a local real estate agent who specializes in negotiating real estate deals. Although sellers may waive a home inspection to save money on closing costs for buyers, they should still consider it if they are looking to buy at the right price. A real estate agent will have the latest information on local real estate market conditions and could save buyers time and money.

Many buyers mistakenly believe that because they are buying a cheap home, they don`t have to check if there are any structural problems. However, real estate agents know that it is very important for them to show properties that are in good condition. Buyers who do not ask questions about home inspections could end up spending thousands to fix problems later. There are two major issues to waive inspection contingency for buyers. First, the seller may not be telling the truth about the condition of the property. A second advantage is that buyers can save significant money by inspecting the property themselves, rather than paying an inspector.

One of the most common home inspector tricks is to skip the second inspection and then take the money saved from the first inspection and make repairs. This might work in some situations but real estate agents know that it is foolish to skimp on a home inspection even if a problem doesn`t exist. If the property was found to have a problem, then it must be fixed before the real estate agent will agree to waive the home inspection. The only way to ensure the real estate agent won`t lie to the buyer is for the buyer to research the situation himself and then ask the real estate agent whether there was ever a problem with the house.

While there are many arguments against home inspections, it is important to remember that some buyers feel it is necessary. Some buyers might be concerned about not being able to see the inside of a home or about the possibility of unseen pest infestations. It could be a matter for life or death for these buyers. Because of this, home inspections can be used to support these arguments. A real estate agent should never lie to a buyer in order to expedite a sale. Therefore, asking the real estate agent to waive the home inspection is generally a good idea.

Although there are some who object strongly to home inspections they should realize that they can be an invaluable resource. Some homeowners who need their homes inspected feel it is better to have a potential inspector see the inside of the house. You can`t always know what you`re dealing with when you sell a house. The potential for damage from mold and insect infestation is always present. Home inspections can give you peace of mind and make sure your home is in good condition.