Quote:
Originally Posted by 4444
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?)?
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I do this myself and need to remind myself to put things in perspective. I know I'm not the only one as there are people in the craigslist good buys thread that will not consider a car if it has capital letters in the title even if it is in fact a good buy relative to others.
I know multiple people that have bought condos in the last few years on emotion. They spend more time figuring out where to save 5cents per litre on gas than worrying about getting $300000 in debt.
On a side note for anyone looking for extra help paying the mortgage living in a condo: get blue bags from the return-it depot and take the recyclables from your condo recycling area. Bring them to the new automated return-it depots and they credit you with cash or gift certificates. No sorting required.