Photo via RyanJLane

Seasoned realtors and home owners know a home inspection contingency can make or break a deal. Having one written into an offer can not only save buyers time, money, and frustration, but prevent them from purchasing a space that could literally be on the edge of collapse.

When buyers have an inspection contingency, they can negotiate or back out of their offer if the inspector finds something really wrong with the property, as long as the inspection is done within the timeframe specified in the offer. But with a market as competitive as today’s is, many buyers are going to extreme lengths to secure the home of their dreams, including waiving an inspection contingency and signing up to buy a house without knowing what lies beneath. If you do this, any repairs needed, from a broken dishwasher to new plumbing, are totally on you.

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We know it can be tough to get an accepted offer, especially in today’s market,  and it’s frustrating and disappointing when the offer is rejected but waiving an inspection for your offer to be more attractive may put you in a very difficult position.

We are going to talk about a few of the ramifications here, including the facts around how many people die each year from common occurrences in a home that are often detected during a home inspection, so read on and learn what you can do to protect yourself.

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Written By Robert Axselle

We know it can be tough to get an accepted offer, especially in today’s market,  and it’s frustrating and disappointing when the offer is rejected but waiving an inspection for your offer to be more attractive may put you in a very difficult position.

We are going to talk about a few of the ramifications here, including the facts around how many people die each year from common occurrences in a home that are often detected during a home inspection, so read on and learn what you can do to protect yourself.

In addition to the safety aspect of home inspections, the inspection industry and the inspection process provide agents, sellers, and buyers a layer of legal protection

In today’s hot sellers’ market, some real estate professionals are telling, advising, or pressuring clients to waive their inspection in order to make their offer more attractive. That’s a great way to get sued if you are a real estate professional and it’s a great way to own a lot of unforeseen deficiencies if you are a buyer. Believe it or not, you can be sued as the home seller after closing.

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A building’s central air-conditioning system must be periodically inspected and maintained in order to function properly. While an annual inspection performed by a trained professional is recommended, homeowners can do a lot of the work themselves by following the tips offered in this guide.

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by Eric Murrell 

Wood-destroying insects and other organisms can cause serious problems in the wooden structural components of a house, and may go undetected for a long period of time. 

Termites

Subterranean termites are the most damaging insects of wood. Their presence is hard to notice, and damage usually is found before the termites are seen. Prevent infestations because if they occur, they will almost always need professional pest-control service.

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Speed up your home sale by preparing your home ahead of time using the following tips. Your home inspection will go smoother, with fewer concerns to delay closing.
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