Quote:
Originally Posted by SumAznGuy
Some people don't care, especially the ones that plan on tearing the place down and building something new.
But I feel the same way. For some people looking to buy a home, it is the biggest purchase of their life and they aren't allowed to do it with rational thinking. It's becoming all emotional.
We went to look at an open house over the weekend. We walk in and see 2 ladies arguing. Turns out they were realtors. One was the sellers agent and one was the agent for a potential buyer. But as it turned out, the seller got a no subject offer that the owners took before the open house. The buyer's agent was pissed because she wasn't given the opportunity to throw in a bid for her clients, clients where weren't even there at the open house.
Asking price was $530K for a town house built in 2012. Gonna have to wait a week or so to see how much it sold for.
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if people are buying with no subjects (ignoring those who will tear down), doesn't that just scream danger?
As you rightly point out, it's all emotion, and given I look at everything from a financial point of view, I'd never buy when those around are buying with emotion, as everything detaches when emotion is involved!
Every house purchase and sale I have been through has been with inspections and certain subjects, you'd be crazy not to.
can you even get a mortgage without an inspection these days (surely the banks would have to, no?)?