Real Estate Myth: Waive home inspection in today’s hot market to win the contract.

Real Estate Myth: Waive home inspection in today’s hot market to win the contract.

Today's Myth is to waive the buyer's home inspection in this hot market. Is that Myth true? Welcome to another episode of Myth Versus the Truth.

In today's hot market, there are agents or some agents guiding their buyers to waive completely the home inspection. But don't do that. That's not necessary. There are so many other points you can highlight to make your offer strong to beat out the competition. Yes, 100% right. The home inspection is so important because buying a property, buying a house, that's your biggest investment. So if you have to cut down somewhere, if you have to compromise somewhere, do it over there, not the home inspection.

About the inspection, you reached a home that you like, you opened the door and you see all upgraded. Everything is nice. Why do you need that inspection for? If you ask me what will I say? You need the inspection for the things that you don't see. You need the inspection to check the roof. You need the inspection to check your plumbing. You need the inspection to check your pressure in the water that you're getting in that house. You need the inspection to check the electrical and just mention a few that can be very expensive.

So, my friends, food for thought. You can compromise anywhere else, just not on the home inspection. I hope you found today's episode as enlightening as needed and catch you next week of Myth Versus the Truth.