20% of Buyers Waiving Rights to an Inspection – LSBHI Warns Louisiana Homebuyers Against Waiving Home Inspections

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The Louisiana State Board of Home Inspectors (LSBHI) has noticed an alarming trend. In order to compete with the increasingly competitive real estate market, Louisiana Homebuyers are waiving essential services, such as home inspections. According to a recent study by Porch.com, 86% of home inspections find an issue that needs to be fixed. But considering the recent statistic published by real estate brokerage Redfin, 20% of buyers are waiving their rights to an inspection. Given the low inventory, it’s a seller’s market. Some homeowners are feeling pressured to forego a home inspection in order to expedite the sale.

To combat the spread of misinformation and prevent Louisiana homebuyers from foregoing an inspection that could save them time, money, and other damages down the road, (LSBHI) is releasing educational materials about Louisiana Home Inspections that benefit homebuyers, realtors, real estate associations, and inspectors. This year, LSBHI has updated its website with more resources for homebuyers and realtors. For more information about the importance of home inspections, visit InspectLouisianaHomes.com.

LSBHI’s New and Updated Resources Pages for Homebuyers and Realtors

The LSBHI website contains important, up-to-date information that directs homebuyers, real estate agents, and associations to relevant resources during the homebuying process.

  • Homebuyers Page: The LSBHI Homebuyers Page contains resources such as the “Find an Inspector” tool, so prospective homebuyers can find Louisiana State licensed home inspectors in their area. They will also find a three-minute educational video containing information about what to expect during the home inspection process.
  • Realtors Page: With many real estate agents working from home and conducting virtual tours, LSBHI saw the need for one, simple-to-use Resources Page for realtors. LSBHI has compiled a list of the most common questions realtors receive about home inspections and put the answers all in one place. This information is consolidated so it can be easily shared with homebuyers and other real estate agents.
  • LSBHI PSA: LSBHI has released a full-length educational PSA detailing the importance of home inspections. In this video, LSBHI demonstrates the areas in which a home inspector will check, and the safety benefits that coincide with scheduling a home inspection.

Louisiana Law and Home Inspections

In 2001, the Louisiana Legislature passed a law requiring all persons performing home inspections to be licensed by the State of Louisiana. This mandate protects the health and safety of prospective homebuyers because they receive a thorough evaluation of the home and its operating systems.

About Louisiana State Board of Home Inspectors

Louisiana State Board of Home Inspectors (LSBHI) regulates residential resale home inspections in Louisiana. Its mission is to protect the safety, health, property, and welfare of the general public. LSBHI currently licenses over 300 professional home inspectors statewide that are trained, ready, and willing to serve the public make an informed home buying decision, and offers a comprehensive database of licensed home inspectors, their service areas, and contact information on InspectLouisianaHomes.com.