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In the hot market of Ajax real estate, skipping home inspection is said to be latest trend for homebuyers. This often happens when homebuyers have multiple offers and when they hardly get their dream home after searching a home for several months. In this way, you are taking a big risk if you are avoiding home inspection. Difference between clean and conditional offer If you are hunting a house, you should be clear with clean offer and conditional offer. Also known as firm offer to buy, a clean offer is what you are buying without any condition. On the flip side, a conditional offer is what when you’re buying a house with at least a condition. In these two well-known conditions, financing and an independent home inspection is included. Sellers mainly choose clean offer as long as the price of offer is reasonable for them. After accepting the offer, the house is yours. In case of conditional offer, the sellers cannot get ownership until all conditions are fulfilled. Too many conditions may cost you a house in the case of multiple offers. Even though price of your offer is higher than other ones, it will be rejected if it has too many conditions, while an unconditional offer of around $2000 is accepted because sellers always choose offer with no or low conditions. In a buyer’s market, you can include condition to find a way. But in a seller’s market, the case might be different. Too many buyers and only few Ajax homes may lead to loss of opportunity for you. Why home inspection is necessary? 1.Although your dream home is beautiful and striking just like your dreams, you can easily avoid expensive repairs that can be inspected by a professional home inspector. Slanted chimney, leaky roof, and cracked foundation can increase value of property. 2.Hiring a home inspector can save you from bearing a lot of expenses in your new home. They give you a valuable negotiating power by inspecting expensive repairs. 3.If you are buying a house for the first time in life, home inspection can teach you everything. If you are first time homebuyer, you can easily hire an inspector who can easily discover the ins and outs of the property. Bottom Line Home inspection is a must, whether it is newly constructed or older. You never know about the issues that are hidden behind the walls, roofs, chimney and any other location of your home. Too many buyers and only few Ajax homes may lead to loss of opportunity for you.
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