We are writing an offer now for a 2014 property in Irvine and our agent advised us to waive all the contingencies if we can as it is the normal these days.
Loan I kind of get since we are approved for about 10% higher than what our offer is.
Appraisal seems fine too as another house down the street sold for about 5% lower a month ago, we are putting 30% down so even a lower appraisal shouldn?t affect the loan.
The one I am not sure about waiving is inspection, it sounds like a 2014 house shouldn?t have big enough issues to warrant backing out after inspection, but are we stupid to waive it just in case?
Loan I kind of get since we are approved for about 10% higher than what our offer is.
Appraisal seems fine too as another house down the street sold for about 5% lower a month ago, we are putting 30% down so even a lower appraisal shouldn?t affect the loan.
The one I am not sure about waiving is inspection, it sounds like a 2014 house shouldn?t have big enough issues to warrant backing out after inspection, but are we stupid to waive it just in case?