24 Feb What to do if you are not able to have a home inspection done
What to do if you are not able to have a home inspection done
In this highly competitive seller’s market buyers are electing to forgo the home inspection to be competitive with their offer in a multiple offer situation. This can cause anxiety and concern to the buyer since they feel they are buying a house blind and do not know what future maintenance should be done.
So, what can the buyer do?
Here are options, and you can elect to do all four.
· First work with an agent who has been through hundreds of inspections and has years of experience. While you should not rely on this alone it is helpful to get their view and cost estimates for things to replace/improve.
· Second would be to still have a home inspection done but not have the purchase subject to an inspection. This way the inspector can tell you what items to address and how to maintain the home.
· Third have a general contractor or someone very experienced in construction come with you on your showing of the house.
· Lastly, purchase a home warranty that will cover any breakdowns or significant issues in the first year. You can also renew it in case you have an item like a furnace or AC unit that is looking to fail.
While each house is different, and other options might be available…these four suggestions might get you the house in this crazy market and give you peace of mind.
I hope this blog about what to do if you are not able to have a home inspection done.
Look for more articles and videos in the future on various aspects of real estate and our state of Minnesota.
Real estate is a wonderful investment!
The Anderson Team
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