If you are looking to buy a new home, it is very likely one of the biggest financial transactions you will ever make. However, given that current market conditions are very favorable to sellers, not all buyers are choosing to exercise their right to perform a home inspection before they decide to buy, either because of cost concerns or as a tactic to make a bid look more attractive than offers by other potential buyers. If you are not careful, however, a failure to perform a home inspection could result in serious legal and financial problems later on.

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