Ontario housing market so red-hot most buyers are skipping inspections, say home inspectors | CBC News

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Ontario home inspectors say the seller’s market and routine unconditional offers are leading to a significant decline in home inspections, leaving buyers at risk.

GTA home inspector Panos Loucaides says he started 2021 off with five inspectors working at his company and by the end of the year, he was down to two. With unconditional offers becoming routine, many buyers are not getting inspections, say associations representing the industry.

 

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Toronto A crap storm waiting to happen when owners I) overpaid and II) need to finance repairs which the bank won't finance as they'll revoke the mortgage for a structurally unsound house. Good luck folks BailOutComing

Home inspections money grab pirates- hired one and had nothing but problems that were not caught by the inspector- better to hire individual traded to inspects each system separately

Seller : Hey, I'll sell my house to you for 800k. Dumb Canadian: Ok but I will give you a million and don't worry about anything that's broken.

Toronto I drew your logo cbc

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