Home inspections make a comeback in cooling real estate market

, a month after reaching its highest point in nearly 40 years.

Mr. Carson said it makes financial sense for home buyers, who are often investing their life savings, to get an inspection. Buyers need to understand what they are getting into by checking the overall technical condition of the house and determining whether the mechanical systems are performing properly.

There seems to be two different forces at play – buyers are more able to get inspections, but the number of sales is down dramatically, he said. Mr. Irani noted that the return of home inspections is an opportunity to negotiate with the seller if there are are structural defects with the house.

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Greater Victoria real estate market cooled in AugustAugust ended with 40 per cent fewer sales than the same month a year ago, and 6.3 per cent fewer than in July. It’s all controlled by government and the banks ✅
La source: timescolonist - 🏆 15. / 75 Lire la suite »

Greater Victoria real estate market cooled in AugustAugust ended with 40 per cent fewer sales than the same month a year ago, and 6.3 per cent fewer than in July.
La source: timescolonist - 🏆 15. / 75 Lire la suite »