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 also know how to locate problems that could cause serious problems if they become too big. If a problem is not found,these professionals can suggest ways to fix it so it doesn`t create future safety hazards.
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Home buyers and sellers who are considering any home purchase should research home inspection contingencies thoroughly. 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.
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Many buyers mistakenly think that just because they are buying a low-priced home that they don`t need to find out if the house is free of 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 might not be telling the truth about how the property is. Second,there is usually significant savings to buyers by doing it themselves instead of paying for an inspector`s inspection.
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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.
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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.
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Although there are some who object strongly to home inspections they should realize that they can be an invaluable resource. Some people who have homes that need to be inspected feel that it is better to have the risk of a potential home inspector be able to see the inside of the home. When you are selling a home,you can`t always be sure of what you are dealing with. 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.