Quote:
Originally Posted by Taz
With the recent hot real estate market, I'm thinking there is a rude awakening on the horizon. Hearing several stories about offers several thousand over asking without home inspections. When the market corrects, and it will, it always does, there maybe alot of people underwater owing more than the property is worth. I would never buy in a market like this. Best to wait. I think there is alot of people over paying.
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Completely disagree. There has only been 1 real estate correction and not long after the values return to pre correction level and increased substantially. Who says no home inspections? The only way you can go without one is if you buy for cash which is very rare and even if you are buying for cash you should always get an inspection. Also a back will need a home appraisal just because it’s over list it might not be over market.
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