For those that think that home inspections are a money grab you have probably met one that did not have much experience.
I’ve inspected for over 8 years and it has it’s ups and downs for sure. This year I have seen the number of people not having inspections. I’ve inspected some homes that needed over $50k worth of work because the person moves in and finds a few things and calls me. Most people have had minor issues and maintenance items that in the end they ended up fine.
I’ve inspected a lot of homes for general contractors who had wives who hired me. Most of those guys end up happy we inspected. When I get a client like that I will point out things to them and tell them my view of the issue and they will tell me theirs. I see so many homes and know many quirks that most people never see. Home inspections are a lot harder than most people think.
Realtors that ask me to hide things do not like me. Yes I have had that happen but not as much as you would think. The realtors who have been selling a long time that I know want a happy client because happy clients refer more business.
Eelpoutguy, the reason for that is a house is much like a car. Parts can fail with no warning. Furnace, AC, Plumbing leaks can even pop up without warning.
Like every profession there are bad apples.
As for the market…….I doubt we will see a crash like before. It happened because too many homes were taken back at one time. Banks will not make that mistake again.