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Originally Posted by eclipseman
For those questioning no-subject-offers and purchasing without an inspection, you can always do an inspection before presentation of offers. Well worth the $4-500 and peace of mind going into any negotiations, especially in this climate.
Yes it will cost you, especially if you don't win the bid, but as someone else mentioned, it's a drop in the bucket when you're spending $1m+.
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Quote:
Originally Posted by eclipseman
Yes, I did this on a house recently prior to the seller's realtor presenting all the offers. According to my realtor, this typically gives you a leg up on competition as the sellers will see you as an extremely serious buyer. Obviously, your offer has to be competitive as well.
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Alternative to this would be to bring a friend who's either an inspector, a contractor, or just knows their way around houses to look at things when you are at a showing. Even a cursory glance can reveal a lot of things because they know what to look for and what needs to be done.