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	<title>
	Comments on: Spring 2024 Housing Market &#124; 5 Things to Know About DC, MD and VA	</title>
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	<description>Helping Families Find Their Home in DC, Maryland and Virginia</description>
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		<title>
		By: Jim Daniels		</title>
		<link>https://dcrealestatemama.com/spring-2024-housing-market-5-things-to-know/#comment-291</link>

		<dc:creator><![CDATA[Jim Daniels]]></dc:creator>
		<pubDate>Sat, 21 Dec 2024 20:13:24 +0000</pubDate>
		<guid isPermaLink="false">https://dcrealestatemama.com/?p=3036#comment-291</guid>

					<description><![CDATA[When I bought my first house I was TOTALLY fixated on price, even at the cost of missing out on a house that was awesome, to buy a home that I thought was a &quot;deal.&quot;  Then, a couple decades later when it came to sell to upsize, I realize that if I paid more (even if it was above appriasal price) back then to buy an awesome house in an awesome area, that the more expensive house appreciated for WAYYYY more than the house that I got a &quot;deal&quot; on.  Great article!]]></description>
			<content:encoded><![CDATA[<p>When I bought my first house I was TOTALLY fixated on price, even at the cost of missing out on a house that was awesome, to buy a home that I thought was a &#8220;deal.&#8221;  Then, a couple decades later when it came to sell to upsize, I realize that if I paid more (even if it was above appriasal price) back then to buy an awesome house in an awesome area, that the more expensive house appreciated for WAYYYY more than the house that I got a &#8220;deal&#8221; on.  Great article!</p>
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		<title>
		By: Level Up Home Inspections		</title>
		<link>https://dcrealestatemama.com/spring-2024-housing-market-5-things-to-know/#comment-290</link>

		<dc:creator><![CDATA[Level Up Home Inspections]]></dc:creator>
		<pubDate>Tue, 13 Feb 2024 07:37:50 +0000</pubDate>
		<guid isPermaLink="false">https://dcrealestatemama.com/?p=3036#comment-290</guid>

					<description><![CDATA[It&#039;s quite concerning when homebuyers consider waiving a home inspection altogether. It might seem like a tempting shortcut, but it&#039;s a risky move with potentially disastrous consequences. Most buyers understand this, but unfortunately, not all sellers do. Sellers might feel uneasy about inspections because they fear what might be uncovered. However, it&#039;s crucial to remember that once a problem is discovered by a licensed inspector, it must be disclosed.

Some folks in the real estate world express frustration over this, questioning why they should have to disclose issues identified by an inspector they didn&#039;t hire. The reality is, once it&#039;s in writing and disclosed to the buyer, it&#039;s the seller&#039;s responsibility to address the problem or at least inform the buyer about it. Ignoring issues, whether known or unknown, isn&#039;t a wise choice.

As the market shifts in favor of sellers, some buyers opt for &quot;void only&quot; inspections. This means they reserve the right to inspect the property but won&#039;t ask for repairs. If they&#039;re not satisfied with the findings, they can walk away without repercussions.

Then there&#039;s the trend of &quot;pre-inspections,&quot; where buyers conduct inspections before even making an offer. While it&#039;s a costly practice, it demonstrates a strong attachment to the house. Competing with buyers who are willing to invest in pre-inspections can be tough, but it&#039;s a reminder that buying the right house is worth the effort and expense. After all, you can&#039;t afford to make the wrong choice when it comes to your future home.]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s quite concerning when homebuyers consider waiving a home inspection altogether. It might seem like a tempting shortcut, but it&#8217;s a risky move with potentially disastrous consequences. Most buyers understand this, but unfortunately, not all sellers do. Sellers might feel uneasy about inspections because they fear what might be uncovered. However, it&#8217;s crucial to remember that once a problem is discovered by a licensed inspector, it must be disclosed.</p>
<p>Some folks in the real estate world express frustration over this, questioning why they should have to disclose issues identified by an inspector they didn&#8217;t hire. The reality is, once it&#8217;s in writing and disclosed to the buyer, it&#8217;s the seller&#8217;s responsibility to address the problem or at least inform the buyer about it. Ignoring issues, whether known or unknown, isn&#8217;t a wise choice.</p>
<p>As the market shifts in favor of sellers, some buyers opt for &#8220;void only&#8221; inspections. This means they reserve the right to inspect the property but won&#8217;t ask for repairs. If they&#8217;re not satisfied with the findings, they can walk away without repercussions.</p>
<p>Then there&#8217;s the trend of &#8220;pre-inspections,&#8221; where buyers conduct inspections before even making an offer. While it&#8217;s a costly practice, it demonstrates a strong attachment to the house. Competing with buyers who are willing to invest in pre-inspections can be tough, but it&#8217;s a reminder that buying the right house is worth the effort and expense. After all, you can&#8217;t afford to make the wrong choice when it comes to your future home.</p>
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