Pre-offer home inspections are popular in Massachusetts—especially in competitive markets like Greater Boston—because buyers want to get a sense of what is happening in the property in order to waive traditional home inspection contingencies. This strategy helps buyers stand out in bidding situations, but also exposes them to high potential repair costs and potential safety hazards.
In hot housing markets across Massachusetts—particularly in Greater Boston—pre-offer home inspections have become a common strategy among buyers. These inspections offer a way to remain competitive, but expose the buyer to costly repairs and safety hazards in the home.
In multiple-offer situations, buyers often face pressure to waive contingencies to make their offer more appealing. Buyers are opting to get pre-offer inspections because:
Key reasons for the growing popularity include:
For more guidance on navigating competitive buying situations, visit the this page.
If you’re preparing to buy a home in a competitive market, MKC Associates offers only full home inspections. Contact us to schedule your inspection today.
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