News — BuyersMarket

How necessary is a home inspection when you’re looking to buy in a seller’s market?

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First of all, what is a sellers market? A seller’s market is when there is a low inventory of homes available to sell or more buyers than homes. Whereas the opposite is true with a buyer’s market. There are more homes for sale than there are buyers wanting to buy. When it’s a seller’s market every house you put an offer in on has to be your best offer with little to no conditions. That means paying in cash, the mortgage is ready to go, no home inspection and buying a home, “as-is“. If you fail to go over the...

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