If you’re buying a house in our current seller’s market, you might be tempted to waive your home inspection in order to make your offer more appealing to the seller. Maybe you think you can fix things yourself, or your sister is super handy, so some reversed hot and cold faucets or missed grout is no big deal.
Please be careful.
Most agents will discourage you from waiving the inspection entirely. It’s important that you have a snapshot of the health of your future home, even if there is nothing major uncovered. But if the inspection finds something significant, you’d want to know beforehand and give yourself a chance to get out of the sale.
What has become increasingly common is a Pass/Fail inspection. Here’s how it works:
In today’s market, that’s a good compromise between having a traditional home inspection or waiving it altogether.
As always, if you have questions about the buying or selling process, get in touch with us anytime!