2,436,099
It's very rare in my business. The few times it has happened has been with investment properties.
Even if sellers won't make repairs, it's important for buyers to know exactly what they are buying, warts and all.
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Carol Williams
Wenatchee, WA
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Debe Maxwell, CRS
Charlotte, NC
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Eve Alexander
Tampa, FL
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Nina Hollander, Broker
Charlotte, NC
4,572,117
I've seen it "rarely" -- usually when the seller has an inspection report completed prior to placing the property on the market for example.
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
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Peter Testa
Danbury, CT
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Nina Hollander, Broker
Charlotte, NC
1,502,998
Yes. I've seen these. Rare, but they do happen.
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Bob Crane
Stevens Point, WI
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Debe Maxwell, CRS
Charlotte, NC
6,393,154
Not likely that the seller is going to make any repairs in a tight market.
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Bob Crane
Stevens Point, WI
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Brenda Mayette
Glenville, NY
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Michael Jacobs
Pasadena, CA
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Debe Maxwell, CRS
Charlotte, NC
4,272,548
Hardly ever but I did have a client last summer who waived every thing to get the house..
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Brenda Mayette
Glenville, NY
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Debe Maxwell, CRS
Charlotte, NC
1,239,901
100% have no inspection contingiency, after viewing the property.
No appraisal contigiency.
30 day free rent back.
21 day COE with a mortgage if it takes longer buyer is paying $100 late fee per day.
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Pete Xavier
Pacific Palisades, CA
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Michael Jacobs
Pasadena, CA
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Debe Maxwell, CRS
Charlotte, NC
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Ryan Huggins - Thousan...
Thousand Oaks, CA
613,494
NEVER...at least not my buyers. That is crazy.
I have smart buyers who understand that if they don't "win the bid" there is ALWAYS ANOTHER HOUSE TO BUY...
Eve
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Debe Maxwell, CRS
Charlotte, NC
4,456,466
Not only do I see it but we miss out because of it.... all cash, ten day Close of Escrow...
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Debe Maxwell, CRS
Charlotte, NC
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Nina Hollander, Broker
Charlotte, NC
3,988,007
About 1 in 10 do and some of my home investors/contractors do their own.
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Debe Maxwell, CRS
Charlotte, NC
2,684,009
Only on hammered foreclosures and tear-downs.
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Debe Maxwell, CRS
Charlotte, NC
911,228
I see them. It's more common with a buyer that is a contractor or builder, and knows they are going to gut and do a complete remodel anyway.
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Debe Maxwell, CRS
Charlotte, NC
3,416,038
It actuallyhappens often, some inspect before they make an offer, others bring a professional with them. Some take a chance
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Debe Maxwell, CRS
Charlotte, NC
5,583,278
rarely.... but there are those who state the inspection is for their own information and it's not a contingency ....
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Debe Maxwell, CRS
Charlotte, NC
2,161,048
Not very often with residential sales unless it's a total fixer upper that's bought by a contractor.
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Debe Maxwell, CRS
Charlotte, NC
716,049
Rarely. But I do, it's usually for condos, where there is little to inspect other than the interior.
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Debe Maxwell, CRS
Charlotte, NC
758,035
I don't see it happen much, even when the property is As Is they usually reserve to right to inspect it. When it is waived it's usually because the buyer is a Contractor & can conduct his own visual of the property.
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Debe Maxwell, CRS
Charlotte, NC
577,750
It depends, if it a multiple offer sitaution they may be inclined to if they really want the house, but I advise against it and let them know it is their decision, and have them sign a disclosure to thie effect. Usually, most buyers proceed with the inspection, even in newer homes.
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Debe Maxwell, CRS
Charlotte, NC
5,216,387
140,560
Not often. But when they do I have them sign a waiver.
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Debe Maxwell, CRS
Charlotte, NC
1,543,634
Mine: Never, unless they are an investor and sign my "acting against agent advice waiver".
On my listings: investors do all the time.
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Debe Maxwell, CRS
Charlotte, NC
851,242
It definitely is becoming common in multiple offer situations especially if the home is newer (which I realize doesn't shield it from issues). Not something I typically encourage.
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Debe Maxwell, CRS
Charlotte, NC
564,494
5,104,931
2,241,022
Building inspections not common regardless of multiple buyers or not in our small rural market.
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Debe Maxwell, CRS
Charlotte, NC
5,229,945
I've got one under Contract right now with that contingency. It happens about 10% of the time now - primarily because of the multiple Offer situations we face every day.
However, that doesn't stop us from having detailed inspections performed though.
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Peter Testa
Danbury, CT
5,868,482
We have seen a very strong Seller's market for the past five years, and RARELY do we see an inspection is waived. More often we see the appraisal contingency is waived, and if value comes in low, buyer will make up the difference.
155,337
I know that when the markets get hot and competitive, that is one of the first things to go. I did it years ago when buying a property in the hot DC Metro market and it worked out for me (as in, no major issues with the property).
1,311,397
As you have stated: Praful Thakkar, :n a multiple offers scenario, to make their offers stronger, many buyers waive the home inspection contingencies."
I just got a buyer into excrow and one of the stipulatons was "as is" with no inspection contingency.
Sellers in our market often have inspections done and provide them as disclosures. This helps buyers to make a better educated decision when writing their offer.
370,200
1,712,676
3,986,258
At least 1/2 the tme and have them sign a document saying they waive the inspection. CMA!
Seems Minnesota nice includes relatives that are smarter than us agents.
427,257
I have not seen it happen. I also would not recommend it to my clients.
5,048,983
2,178,553
I don't understand EVER waiving an inspection option. It protects ALL parties.
900,128
Not too often, unless a) someone in family feels competent to inspect or
b) plan to demolish or redo home.
7,835,925
3,345,091
Rarely, if ever when I am representing them. Removing the contingency does not waive the buyers right to get inspections.
5,772,575
6,200
Rarely. I strongly discourage this mainly because it protects my buyer and allows them the opportunity to really know what they are buying.
92,713
Some times I see this. However most just make it shorter so they can still do the inspection but not ask for anything to be done. I tell my buyers it is not the end of the world to have one done to cover their back side. With the older homes most people have one even if it is just for their knowledge.
2,781,163
3,071,489
4,800,082
4,882,355
644,025
3,626,530
4,434,127
2,182,502