I have a long term friend who does home inspections and he told me business has dropped off a cliff the last couple of months. Sellers are telling buyers to go fly a kite if they insist on a home inspection and the sellers are getting multiple above asking price offers with no home inspection required.
the sellers are getting multiple above asking price offers with no home inspection required.”””
THAT is going to bite a lot of people in the ass in the fullness of time.
Yup. And sellers are often getting as much as 10-20% over asking, depending on location. Insane.
No doubt sellers who previously had a hard time unloading a flawed home is taking advantage of this situation.
Anybody buying a house from a seller who refuses a home inspection is a fool.
He’s right. I’m a self employed home inspector. My business is about half of what it has been in previous years due to buyers waving inspections. Waiving an inspection is risky.. I’ve saved countless people from buying potential money pits, or houses with major safety issues. I’ve recently inspected houses for people who saw the house on Zillow and made an offer. I’ve never seen anything like it!