Joel DyckReal Broker SK Ltd.
Saskatoon · From the topic map

Should I waive the inspection to win a bidding war?

Waiving a home inspection to win a Saskatoon bidding war is a real risk, not a formality, since a general inspection, typically $400 to $600, is often the only check on the roof, furnace, electrical and foundation before you are legally committed to the purchase.

A better middle ground than waiving entirely is a pre-offer inspection, scheduled before you write your offer rather than as a condition after, which the Appraisal Institute of Canada and most local inspectors both recommend, letting you remove financing and inspection conditions to compete on strength while still having seen the mechanical systems.

If a pre-offer inspection is not possible on the timeline, shortening the condition period rather than removing it entirely still gives you a legal exit if something serious turns up, while signalling to the seller that you are moving quickly.

Winning a bid on a home you have not had properly inspected can cost far more than the amount you saved by waiving it. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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