Quote:
Originally Posted by Lee Stewart
People think nothing of getting a house they want to buy inspected. It's literally a requirement.
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Not always. I listen to The Fixit Show on talk radio Saturday am. The often have licensed inspectors on. They are disturbed by the number of buyers that agree to waive the inspection requirement.
Whenever the recession hits, there will be many people not only upside down due to paying over appraisal, but in properties having defects. Wouldn't be the first time the Saving & Loan industry allowed that to happen.