Tuesday, November 19, 2019

Waiving a Home Inspection in the LBI Real Estate Market

Waiving a Home Inspection in the LBI Real Estate Market




Buying Long Beach Island Real Estate

The Long Beach Island real estate market has seen an increase in activity over the past several years. Especially in the case of single-family homes, the number of homes sold month by month has shown an upward trend. Increased competition has led to home buyers looking for creative ways to win bidding wars. Waiving a Home Inspection in the Long Beach Island Real Estate Market is a great way to distinguish your offer…but it does carry risks. An inspection free deal is attractive is for several reasons:
  • Not having a home inspection dramatically increases the likelihood of the agreement transacting
  • A buyer may be able to offer a lower price but a “safer” offer
  • A buyer will usually surrender an opportunity to cancel the transaction, depending on how the contract is written.


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