How This New Home Inspection Trend Could Benefit You
The real estate market is heating up, which has put sellers in the driving seat, and many of them are listing their homes with no contingencies to sell.
Consequently, the increased competition for buyers to get their offers accepted has meant that they agree to waive the home inspection contingency. It means there is no get out clause for the buyer.
Therefore, if the seller is not allowing contingencies it’s essential to conduct a pre-offer inspection that provides rich insights into the house’s condition. It makes it easier to walk away if not satisfied with the findings.
The pre-offer inspection also offers the buyer the benefit of receiving enough information at a discounted price. They can decide if they want to move forward on a property instead of paying the full cost of a standard inspection, and the deal falls through if the seller refuses to make repairs.
The pre-offer inspection can save time on finding the right home to purchase and limit the standard home inspection contingency clause that can delay closing. However, buyers will be paying for pre-offer inspections with no guarantee that their offer will get accepted.
On a final note, keep in mind that while it’s currently a seller’s market, the pre-offer inspection will allow the buyer to make an informed decision as to whether to place an offer or not.
If you would like to learn more about pre-offer inspections, get in contact with us today. With many years of experience, DS Home Inspection Services, LLC will help you with all your home inspection needs in Fort Washington, Maryland.
Our services include walk-through inspections, termite testing, radon testing, water testing, well water testing, and well water advanced testing. We also offer rental inspections to our clients.
We serve clients across Temple Hills, Oxon Hills, Accokeek, Clinton, Hyattsville, District Heights, Capitol Heights, Crofton, Laurel, Brandywine, and Bowie. We also reach out to Bethesda, Rockville, La Plata, Waldorf, White Plains, Bryans Road, Hanover, Baltimore, Parkville, Towson, Maryland, and Washington DC.