Do I need a home inspection if the house is being sold “As Is”?

In a word, yes.

The purpose of a home inspection is to inform the buyer about the condition of the Homeproperty.  It also gives them some insight into the idiosyncrasies of the property and often some information about items that require particular attention as time goes on.

In my experience in the Toronto Real Estate market home inspections often uncover or highlight condition and maintenance issues with the property that the Seller may be unaware of.  Even if they can’t be used to negotiate, it gives the potential buyer more information about the property so that they can make an informed decision.

Homes are collections of complex systems, and they are often cited as the ultimate Home“Buyer Beware” scenario.  If the property is being sold “As Is”, and your not the ultimate risk taker (few of us are), request a home inspection before you make an offer.

If the sellers will refuse to allow a formal home inspection, I suggest that the potential buyer request a second or sometimes third showing with someone that they believe knows about homes.  These showings must be kept within “normal” time limits, so they are not as comprehensive, but they really do help.

Read my previous article stating that you do need a financing clause in your offer.

Note:  The pictures in this article are from a home I helped my clients buy in Cabbagetown, a great Toronto Neighbourhood.  They are before and after pictures.  When they bought the home it hadn’t been lived in for 21 years! Talk about Buyer Beware…

If you’re thinking of buying or selling Toronto Real Estate, just call me at 416-671-5775


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