![]() ![]() These clients make up nearly half of Balabanian’s business. In a market where time is a luxury, some homeowners will hire an inspector after they’ve purchased a home to get a sense of what they’re living in, especially if they want to do renovations. ![]() Reading a report prepared for someone else “doesn’t give you the perspective to make informed decisions properly,” he says. That way, he can explain things to the buyer as they walk through the property and go through the report together in greater detail. “If I’ve never heard of the inspector or I’m seeing inconsistencies between the home inspection and what I’m seeing in the house, there have been times where I’ve said to my clients, ‘Look, you might want to do your own on this one,’” Papaioannou says.īalabanian says he doesn’t like to work for sellers and thinks a home inspection should be done with - and specifically for - the person who’s going to be living in the home. If something seems askew, get a second opinion. Papaioannou says if the home inspection has been done by a well-established company, it’s usually a thorough report. If a buyer is interested, their real estate agent can get a copy of the report, which in turn can encourage them to go in firm.īut can a seller’s inspection be trusted? Home inspectors are unregulated in Ontario, so it’s important to do your homework on the inspector. Many sellers now have an inspection done before putting their property up for sale to move their home faster. Papaioannou says most of his clients are like Murray and forgo an inspection clause, or rely on the seller’s prepared home inspection report - another trend that’s emerged from a hot market. “No house inspection would have found that because we only found it when we took a wall down,” he says. They’ve found no structural problems with the house, but there were some electrical issues Murray discovered once he started renovating. They acted fast, put in a firm offer and closed the deal in January. They didn’t get a home inspection, but they felt confident due to the home’s age. Murray’s dad, who built his own cottage and is well-versed in Ontario building codes, would sometimes come along to viewings to act as a second set of eyes.Įventually, Murray and his fiancée found a home in Oakville built in 2001 that they loved. Throughout his months-long housing hunt, Murray and his fiancée widened their scope across the GTA. “And if you went in with conditions, you were being pushed off to the side.” “I was always pro-house inspection, but some houses were getting 20 offers,” he says. Murray, who was looking to move out of a Toronto rental, lost five bidding wars, and soon realized crossing out conditions gave buyers a competitive edge. Article contentįor 31-year-old Curt Murray, buying without a home inspection was just another reality of the sizzling market. This advertisement has not loaded yet, but your article continues below. Manage Print Subscription / Tax Receipt.
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