$80,000 in repairs and a missing agent after being told to waive the home inspection episode artwork

EPISODE · Jun 2, 2023 · 50 MIN

$80,000 in repairs and a missing agent after being told to waive the home inspection

from Real Estate Called Out · host Wendy, Founder of Selling Later

A disabled Veteran reached out to us a few weeks to share their story and asking for help.    Their agent told them (on the phone) that they have to waive inspection and ask for nothing to win, essentially buying a home as is.  This home was recently flipped by out of town developers, yet their agent still insisted they waive inspection and ask for nothing.   The agent then had the buyers sign a waiver basically removing any responsibility from the agent for saying they need to do this.  After closing, the buyers discovered over $80,000 in problems (on a $300,000 home) and are left with no one to help them.Believe it or not, there are markets in the US in which waiving the home inspection is still a tactic buyers are using to get their offer accepted.   But how can a buyer do this to protect themselves, and is it really worth waiving it at all?MA Real Estate Agent, Patricks Brusil joins us to discuss waiving inspections, why buyers are doing it, the issues that arise from this strategy, and why buyers and sellers need to start pushing back on advice given by asking the simple question "why."Got a question?Support the showState laws and regulations may vary.Have a story you would like to share with other sellers or buyers?Hit us up here.

Episode metadata supplied by the publisher feed · Published Jun 2, 2023

Embed this episode

A disabled Veteran reached out to us a few weeks to share their story and asking for help. Their agent told them (on the phone) that they have to waive inspection and ask for nothing to win, essentially buying a home as is. This home was recently flipped by out of town developers, yet their agent still insisted they waive inspection and ask for nothing. The agent then had the buyers sign a waiver basically removing any responsibility from the agent for saying ...

Distinct summary based on available episode metadata or transcript content.

Ready to play

$80,000 in repairs and a missing agent after being told to waive the home inspection

0:00 50:27

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of Real Estate Called Out?

This episode is 50 minutes long.

When was this Real Estate Called Out episode published?

This episode was published on June 2, 2023.

Can I download this Real Estate Called Out episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!