Even with another hint of a late-summer cooling in home prices, the Seattle area real-estate market has still gotten so intense there often aren’t enough inspectors and appraisers to keep up with the demand. That’s creating extra risk and cost for homebuyers desperate to get an edge in bidding wars.
At best, the staffing shortage can cause a home sale to be delayed by a few weeks, or buyers might pay hundreds of dollars in “rush” fees to expedite the process, real-estate professionals say. At worst, a forgone inspection could cause buyers to discover huge damages after the purchase, or a mistake or dispute in the appraisal process could jeopardize the sale…
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