Quote:
Originally Posted by JWEvergreen
Maybe I'm dense, but that doesn't make sense to me.
Let's pretend I'm the buyer and you're the seller. I hire a pro to do an inspection and (s)he reports back that the roof has several leaks and needs to be repaired or better yet, replaced.
My buyer's agent should be able to advise me on my options. Do I cxl the offer to buy? Do I take it as-is? do I renegotiate?
If I hired the agent to advise me, then shouldn't I be able to show the inspection report to my agent and possibly even the seller's agent so that person can advise the seller on what to do?
"Full disclosure" is required. (I'm not saying the seller lied. Maybe the leaks started just after the last rain fall and there was no obvious evidence of it yet). Maybe it was only discovered after the inspector went up on the roof.
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I can understand how you could misinterpret my post and I apologize. In Florida, some sellers will get a pre-sale inspection and buyers get inspections following an executed contract.
In my experience, if the buyer has an inspection and repairs are necessary, then what's needed is documented and delivered to the seller. The repairs may be completed by a licensed trade or the seller may renegotiate or give an allowance at closing, or either party may cancel the contract. It depends on many factors which way works best for both parties, type of financing, and of course...the house. Some inspectors will allow report sharing if asked. Most inspectors will allow sharing the summary page which is typically a high level overview. But in the case of an inspection for the buyer, there may be other items on the inspection report for the buyer exclusively such as, you may need to "INSERT ITEM HERE" in the next two years, or preventative maintenance items such as caulking and weather stripping.
There are many other factors but hopefully this made sense.
ETA: If, as in your example, the inspector notes problems with the roof, then a licensed roofer would be brought in to inspect and report findings to include repair or replacement costs.