Should I make my offer to buy a house conditional on a home inspection?
- Alexander Hu Law
When the housing market is hot, it is not uncommon for buyers to feel the pressure to forgo a home inspection as a condition of their offer, especially if they are concerned about a bidding war. By not including a home inspection, they believe their offer would be more attractive to the seller by removing a potential impediment to the sale.
However, home inspections serve a purpose: they help manage a buyer’s risk and provide some peace of mind that the home they are purchasing is not going to be a “money pit” after they move in.
Alex Hu's Takeaways' Before you buy a house, you should consider a professional home inspection.