Home Loans – Would You Buy A Home Without An Inspection?
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Article by: Charles Essmeier The housing market has exploded, with home , Planting Blue Flowers In Your Garden prices rising beyond all reason in some markets. Home , How to Avoid Appraisal Problems in the Sale of Your prices have doubled or tripled during the last five years, and in some cities, the asking prices for homes , Have you been looking for the latest help witrel="nofollow" h reference to are considered only to be suggested opening bids. Homes , Using roses in the landscape often sell in a few days or even hours, and would-be buyers are tiring of losing out to higher bidders. In order to achieve an advantage over other bidders, some people are offering to buy homes , Gardening - Lawn Maintenance Chores Part IV without a professional inspection. What do they gain from such an offer? Is declining an inspection an OK thing for a buyer to do? Traditionally, a professional home , The Enduring, Alluring Gazebo inspection is a valued component of the home , Crocuses buying process. While inspections are rarely required by law, most buyers would prefer to have any home , The Viburnum Blackhaw they might purchase inspected before committing to purchase. The inspectors look for problems with foundations, plumbing, , Choosing the right house cleaning service for your home. wiring, and termite infestation. In addition, they often check to make sure the home , Crocuses meets building, , Winter Care For Wild Birds zoning, and easement codes. The fee of several hundred dollars, paid by the buyer, can turn out to be a bargain if the inspection determines that the home , Gardenscape On A Shoestring needs thousands of dollars in repairs. , Black Roses - Fact or Fiction At that point, the buyer can walk away from the home , Black Roses - Fact or Fiction or negotiate a financial compromise with the seller in hopes of having the problem repaired prior to sale. The current housing market has brought about a lot of changes , The Enduring, Alluring Gazebo in traditional real estate rules. Buyers who want an "edge" over other bidders in markets where sales are brisk might offer to buy the home , Black Roses - Fact or Fiction without an inspection. This might motivate the owner to sell to them, rather than another buyer who might insist upon the inspection. In short, these buyers are offering to take the home , Black Roses - Fact or Fiction on an as-is basis. Is there any benefit to this? Most real estate experts agree that it is foolish to purchase a home , Candles and the Bedroom without a prior inspection. While some problems can easily be seen by even the most casual of browsers, others, such as termite infestation or a cracked foundation, might only be noticed by a professional inspector. These problems can cost tens of thousands of dollars to repair, , Gardening - Lawn Maintenance Chores Part IV and in some cases, might even render the home , Gazebos and Garden Design legally uninhabitable. Anyone who offers to buy a home , Refining Your Area Rug Choice without an inspection is taking a serious risk, as they could find themselves the owner of a home , Introduction to bonsai tree growing: an overview that he or she cannot afford to repair. , How To Decorate With Room Dividers There may not even be any benefit to buying without an inspection, as most homes , Carpet Cleaning isn’t All That Difficult! in hot , Custom Slipcovers Can Give Your Furniture A Stylish New Look markets sell for more than the asking price whether the home , Custom Slipcovers Can Give Your Furniture A Stylish New Look is inspected or not. If you cannot inspect a home , Looking for the latest advice in relation to black lights. prior to purchase, it would probably be wise to pass and wait for another suitable property , Carbon Monoxide in the Home to come along. About the Author: ©Copyright 2005 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including http://www.End-Your-Debt.com, a Website devoted to debt consolidation information , Home Pest Control: Battling Against Mosquitoes on the Home F and http://www.HomeEquityHelp.net, a site devoted to information , Update on Herbs on home , Update on Herbs equity loans. Source: www.isnare.com |
  
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