Wednesday, April 30, 2014

20% of Homeowners Wish They'd Had a Better Inspection.

One in five homeowners said they wish they’d inspected the home more carefully before moving in— a according to a survey by Trulia.

In order to compete with other bidders, many homeowners are signing contracts and moving in without getting a professional home inspection. Or hiring the cheapest home inspector, rather than one certified by ASHI.
In competitive markets like  it’s not rare to just forego a home inspection or say you won’t ask for any repairs. People that are doing that and purchasing properties that they could possibly have to dump tens of thousands of dollars into later.
This is the kind of mistake that Trulia real estate expert Michael Corbett says is a “disaster waiting to happen.”
“I would never waive an inspection,” he says. “I would pass on the house before I’d waive on an inspection, mainly because I may get to a house and realize [too late] that there are issues.”

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