Too many buyers have taken possession of their new home only to discover serious and costly issues which a home inspection could have uncovered. In this video, Ontario real estate lawyer Colleen Dermody talks about why including a home inspection condition in your offer is a smart move in Ontario’s real estate market.

A proper inspection helps buyers avoid homes with hidden structural or mechanical concerns and can even provide leverage to have the seller address those issues before closing. Without this condition, buyers risk taking on unexpected repairs that can cost thousands and create stress at a time that should feel exciting.

Colleen explains how a home inspection adds value beyond just peace of mind. It can protect you from buying a property that turns out to be more trouble than it’s worth. Before waiving that condition, consider what it could cost you.

Colleen Dermody joined Devry Smith Frank LLP (‘DSF’) as an associate lawyer in our real estate and wills and estates groups, practicing from our Haliburton location. She holds a BPHE (Hons) and MPA from Queen’s University, along with a JD from the University of Windsor. She was called to the Bar in 2022.

At DSF, Colleen’s practice involves a variety of real estate matters with particular emphasis on residential purchase and sale transactions, including cottage properties. Colleen’s wills and estates practice encompasses all aspects of estate planning and administration. Colleen believes it is important to get to know her clients so she can provide tailored advice to help them navigate the complicated estate division process during a time of grief.

For any real estate inquiries, you can contact Colleen Dermody in our real estate department by emailing info@devrylaw.ca or calling 416-449-1400.