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Why Buyers Shouldn't Waive Inspection Contingencies

Eppraisal

This year the real estate industry is experiencing a market frenzy with a colossal amount of buyers looking for homes. According to an article on keepingcurrentmatters.com, "A normal market's inventory sits at 6 months. When a house comes on the market, buyers flock to it. Inspection contingencies are in place to protect buyers.

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Getting Smart About Home Inspections

Will Springer Realtor

A home inspection is like a test drive for real estate. It allows the buyer to “drive” in and around the property, checking for any issues, quirks or potential maintenance needs. Despite this advice, a significant group of buyers forgo the inspection. You wouldn’t do that, right? It’s a smart thing to do.

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An inside look at local housing markets across the country

Housing Wire

Aubuchon says buyers are making too many concessions. Buyers “are waiving inspections, an appraisal contingency, and the latest trend is to pay closing costs usually done by the seller.” Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. One kid will give $4 instead of $1.

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How to negotiate your home purchase offer

Housing Wire

First, the pre-approval letter tells the seller that you are serious about buying a home and that you have a commitment from a reputable lender on how much it will lend to you. Another seller’s home may need repairs, and you put in your offer the need for a seller credit to pay for them. In an extremely competive market?

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How Today’s Market Impacts the Appraisals and Inspections Landscape

Genworth MI Blog

With an increasingly competitive market for buyers, many homebuyers have taken new steps to secure a successful offer. Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider.

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How a Seller’s Home Inspection Can Net You More Money When You Sell

Eppraisal

Home buyers almost always have a professional home inspection performed by a licensed inspection company when they purchase a home. However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well.

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I’d list my home, but where would I move?

Housing Wire

For most agents, that’s the end of the conversation, ending the possibility of taking a new listing as well as facilitating the buyer side. While that’s one method of finding a home for your would-be sellers to buy, you can’t end the conversation there and expect to do any business this year. Nationwide, inventory is at all-time lows.

Sellers 282