hOME iNSPECTION cLAUSES
The ‘hot’ housing market in Windsor & Essex County has negatively affected home buyers in many ways. As a veteran home inspector with 25 years of experience with the oldest locally-owned home inspection company, I have experienced the ebb and flow of the housing market. However, the current trend to eliminate home inspections from offers-to-purchase puts home buyers in a precarious situation. Home buyers are being advised to purchase a home with no conditions because a condition will jeopardize their offer even if their offer has a greater dollar value than the next.
The Ontario Government protects car buyers with the Used Vehicle Information Package and Safety Standards Certificate. Yet, the governing bodies are not protecting Ontario home buyers. With the current trend, whoever 'wins' or out-bids others with their offer-to-purchase does not truly know the condition of the home they are buying! Ontario home buyers should have the RIGHT to take the time to have a FULL home inspection performed by an Ontario Government-Recognized Home Inspector so that they can make an informed decision on their largest investment. If each offer-to-purchase had a home inspection clause, THIS would protect each home buyer and they would all be on a level playing field.
Our home inspector is now performing post-purchase home inspections and more times than not, the new home buyers are surprised with our findings and are in deep regret because they feel that they have no recourse – they’ve already bought the house. They all wish that they would have gotten the home inspection performed prior to making the decision on their biggest investment.
Why did the Government regulate the car sales industry with Safety Standards Certificates and Used Vehicle Information Packages?....to protect car buyers! When will the governing bodies protect Ontario home buyers? We are back to square one…Caveat Emptor (buyer beware).
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I've come across a lot of interesting tidbits of information during my 29 year career as a home inspector. I've been told that I'm pretty meticulous and a good 'teacher', so hopefully you'll find some interesting information here..