What Could I Discover In A Home Inspection That Would Make Me NOT Want To Buy This House?


What Could I Discover In A Home Inspection That Would Make Me NOT Want To Buy This House?
By Scott Rogers • June 7, 2021
The conversations about home inspections (and whether to do them as a part of a home purchase process) are playing out a bit differently these days. I used to always recommend that a buyer conduct a home inspection as a part of their home purchase process. I still do recommend that - but I now much more clearly point out the potential ramifications of including a home sale contingency in an offer in the current market. When there are five or more offers on a home (as there often are these days) there seems to be a relatively good chance that at least one of the buyers will not include a home inspection contingency in an attempt to be the buyer whose offer is selected by the seller. Most sellers, after all, would much rather not have to deal with a home inspection -- even if they wonderfully maintain their home and do not know of any property condition issues. Thus, many buyers are now asking themselves... What Could I Discover In A Home Inspection That Would Make Me NOT Want To Buy This House? If you asked most buyers that question three years ago they would probably say "plenty of things!" - and most buyers would then include a home inspection contingency. These days, more and more buyers are saying "well, probably not much, right?" - and those buyers are deciding not to include a home inspection contingency. So - if you're buying a home (or hoping to buy a home) in the crazy seller's market of 2021 - should you include a home inspection contingency? It probably depends on... the property, its age and condition how much you like this particular property how comfortable you are with the risk of unknown property condition issues how much cash you'll have on hand after closing to address any unknown property condition issues that show up in the first year of homeownership We can talk further about this decision as we consider each particular property during your home search. Receive Updates by Email Recent Articles: Is There A Price You WOULD Pay For This House? There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 22, 2024 (unless otherwise noted).
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