With so much going on in the world, Marketplace is here for you. Support public news for public good. Donate Today!

Homebuyers are still waiving inspections. Could the latest Fed rate cut help turn the tide? 

Sep 30, 2024
In a competitive housing market, buyers are forgoing their right to an inspection, or the right to walk away from a property if it’s not in good condition.
The housing market is so competitive in some areas that buyers feel pressured to waive home inspections.
Marje/Getty Images

Facing bidding wars, more homebuyers are waiving contingencies

Apr 23, 2021
Contingencies allow buyers, under certain conditions, to renegotiate or even back out of a deal without losing money.
Buyer protections are often discarded in the current seller's market, which could squeeze out people who can’t afford a lot of risk.
Drew Angerer/Getty Images