The Risk of Waiving Home Inspections: Protecting Your Investment Matters By Heith Mohler
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hen it comes to the high-stakes world of real estate, home buyers often find themselves facing a tough decision: to inspect or not to inspect? In recent years, a growing trend has emerged where some buyers opt to waive inspections altogether in a bid to make their offer more attractive to sellers. While this decision might seem appealing at first glance, it’s essential to understand the risks and potential consequences associated with this choice.
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UNDERSTANDING THE
AUGUST 2023
REASONS WHY SOME HOME BUYERS CHOOSE TO WAIVE INSPECTIONS In competitive real estate markets, bidding wars have become a common occurrence. Faced with the pressure to secure their dream home amidst stiff competition, some buyers might feel compelled to take bold steps to stand out from the crowd. By waiving inspections, they aim to present a more enticing offer to sellers, potentially gaining an edge over other buyers. thepowerisnowmeida