![Hot Vancouver real estate market needs post-bid ‘cooling off’ period, says association](https://citywidemortgage.ca/wp-content/uploads/2016/07/real-estate-500x220.jpg)
The Home Inspectors Association of B.C. is calling for the province to implement a mandatory post-bid “cooling off period” so prospective homebuyers can get a property inspected before they purchase it.
The association says homebuyers are increasingly bypassing inspections to win bidding wars in the red-hot housing market in Metro Vancouver.
“The market is so hot, if you put that subject in, you’re not going to get a house,” said Vince Burnett, president of the Home Inspectors Association of B.C.