Amidst the real estate feeding frenzy, buyers have been waiving home inspections to remain competitive.
BHG real estate agents tell us if that’s a good idea.
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Credit:John O’Reilly
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We all have plenty of questions about the ever-changing world of real estate.
Should youshell out for a home inspectionbefore closing on a house?
Should you still get one?
And if you do, will it throw you out of the game?
John OReillyis a real estate agent with Better Homes & Gardens Real Estate based in Richmond, Virginia.
Ask an Agent: Should You Get a Home Inspection Before Closing on a House?
We’ve been in a feeding frenzy for the last six or seven years in real estate.
So people have been waving inspections and appraisals.
That’s not good practice.
But unfortunately, there’s a lot of people that do it.
You don’t want to buy somebody else’s headache.
Just confirm you go in with your eyes wide open.
In the market we’ve been in, it’s been competitive.
And that’s really what’s been driving that.
Its called a walkthrough inspection.
It takes 20 minutes and they give you a quick overview of what they see.
But a full home inspection is really a must in a normal market.
This interview has been edited for length and clarity.
