In a competitive housing market, many buyers are looking for ways to make their offers more appealing. But while waiving a home inspection might seem like a smart move to get ahead, it could end up costing you more in the long run.
According to a recent report from Keeping Current Matters, about 1 in 5 buyers today are skipping the home inspection to try and win over sellers. While that strategy might work in a bidding war, it also comes with serious risks.
A home inspection isn’t just a box to check—it’s a powerful tool that protects your investment and gives you valuable insight into the property you’re about to purchase.
Here are a few key reasons why it matters:
A professional home inspector can uncover issues you likely missed during your initial walkthrough—think foundation cracks, roof damage, outdated wiring, or plumbing problems. These hidden issues can be costly if discovered after you’ve closed.
If your inspection report reveals problems, your real estate agent can help you ask the seller for repairs, credits, or even a price reduction before closing. Without an inspection, you lose that leverage.
Even if you decide to move forward with the home as-is, your inspection report serves as a helpful list of future repairs and maintenance items you can tackle over time.
A home inspection might feel like a small step in the process, but it offers peace of mind, transparency, and protection. It helps ensure you’re not walking into a major financial burden or a home with safety hazards.
In today’s fast-moving market, it can be tempting to cut corners to compete—but skipping an inspection isn’t worth the risk. Knowledge is power, especially when making one of the biggest investments of your life.
Have questions about the homebuying process or how to prepare for a successful inspection? Let’s connect and talk through your options.
We've been helping customers afford the home of their dreams for many years and we love what we do.
Company NMLS: 1614643
For licensing Informmation go to:
www.nmlsconsumeraccess.org
State of Illinois, Division of Banking
Illinois Department of Financial and Professional Regulation (IDFPR)
555 West Monroe Street, 5th Floor
Chicago, IL 60661
Telephone Number: 1-888-473-4858
6515 Stanley Ave. Suite 2
BERWYN, Illinois 60402
Phone: (773) 720-4971
mauricio_echavarri@outlook.com
The Department of Financial and Professional Regulation (Department) evaluates our performance in meeting the financial services needs of this communnity, including the needs of low-income to moderate-income households. The Department takes this evaluation into account when deciding on certain applications submitted by us for approval by the Department. Your involvement is encourage. You may obtain a copy of our evaluation once the Department completes our first evaluation. You may also submit a signed, written comments about our performance in meeting community financial services needs to the Department. We will update this notice when our first evaluation has been issue.
Powered By LenderHomePage.com