Quote:
Originally Posted by troutman
If there is no inspection, the seller still has to disclose any defects they are aware of.
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This is a big thing....although difficult to prove. In a multi-bidding situation at least some of the bidders get an inspection and then will typically disclose any deficiencies to the listing agent. Theoretically, if the listing agent is honest they will have to, in turn, disclose that to you.
There are also huge limitations on what you can do with an inspection. You can only look at superficial things. If there are major unknown problems, you most likely won't see them, even with an inspection. The work history is just as important as the inspection. When was the last time the roof, electrical, plumbing, etc.. was updated.