Survey: Almost Half of Recent Homebuyers Made an Offer Sight-Unseen, the Highest Share on Record
Redfin
JULY 30, 2020
Sanchez recently went into escrow on a home in Los Angeles, and then learned during the inspection that there was a problem with the electrical panel—an issue she considered to be a deal breaker. Fortunately, the inspection contingency enabled her to back out of the purchase. Sight-unseen offers can also pose risks to sellers.
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