For first-time home buyers, it’s easy to get all the different terminology related to the housing market confused. Take, for example, home inspections and appraisals—after all, both involve a professional doing some type of examination and evaluation of the premises. So, what’s the difference between the two? Let’s break it down.
[Read more…]What Is a Home Seller’s Pre-Inspection?
As a home inspection company, we frequently write about buyers’ inspections on this blog. However, did you know that sellers have something to gain from getting a home inspection, too? That’s right. From identifying issues early on to standing firm in your asking price, let’s discuss what the benefits of a seller’s pre-inspection are.
[Read more…]Why You Shouldn’t Waive a Home Inspection
As a result of the hot housing market these past few years, potential buyers have often been in fierce competition with each other. Many have made offers tens of thousands of dollars over asking price, made all-cash offers, and waived the appraisal and/or home inspection contingencies to give them an edge in the seller’s market. As a home inspection company, we find the latter-most trend particularly troubling—but not just for business reasons. Let’s unpack why you shouldn’t waive a home inspection when purchasing a house.
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