Who in their right mind would buy a home with these conditions? You must do your inspection, obtain your loan, verify value (probably best by doing an appraisal) all before submitting your offer? Oh yea…you have to pay a fee on top of that of up to 5%?
This definitely streamlines the process for the bank…great. But does this help any buyer out there? No…unless you are an investor buying cash I don’t see that this is a service that benefits anyone.