How often do buyers pull offers?

[BoBromhal]

Originally Posted by FREE866

she emailed me that like an hour ago and said " we will discuss tomorrow" because she is driving someone to airport tonight....

we actually did a pre-inspection before we listed and she ( our agent) told us that the issues that were mentioned we could simply do a credit at closing which at the time she estimated to be like $3,000 which I was fine with...

first, you really do need to find a way to calm down and ease your anxiety. There seems to be nothing dramatic - that would either scare off your normal buyer nor cost you a ton of $ - in what you've told us.

second, are these ADDITIONAL issues from what showed up on your preinspection, or this inspection ONLY found these items?

after that, you need to be calm and speak with your agent tomorrow. None of us know what is customary (never mind contractual) in your market. Some places, the "this component is old" is nothing more than the inspector pointing out a condition to the Buyer. In some markets, it's an "opening" for the Buyer to TRY and renegotiate the contract.

[ringler24]

We just bought a house built in 1980 and it had a much longer list than that (including needing to replace one of the heat pump units very soon) and we didn't really even blink. We asked for them to remedy only 3 things: Termites (common here and not a big deal like on the East Coast), fix leaking irrigation spigot, and close up an old vent leading up to the attic from where the washer dryer used to be and pull out moldy insulation and replace with new insulation. That was it. Everything else we are taking on with the age of the home. Buyers looking at older properties shouldn't be shocked by a list of things on a home inspection. I find it helpful in planning future maintenance on the home.

[Marlow]

Originally Posted by FREE866

ugh
buyers inspection report came back with all this:


sliding glass door does not operate properly
Front water spigot is still on. Needs to be turned off prior to freezing.
Crack in foundation – subject to further evaluation
Water in the garage
Frayed electrical service wire
Opening in electrical service panel
Boiler is very old
hole in the boiler exhaust
Central air condenser is very old (late 90’s)
waste line had obvious repairs. What took place?
Corroded water pressure tank (holding tanks and connections)
Window latch/lock not operable on dining room window.


what a mess

As a buyer, the two things that would worry me on this list are the crack in the foundation and water in the garage. The rest is just maintenance.

We have a contract pending on a house and the inspection came back with lots of little things wrong that didn't bother us. We knew there was a foundation issue going in and two inspections confirmed it. The sellers have agreed to pay the invoice for the cost of repairs at closing.

Try not to let the inspection freak you out. It's good to know what's going on with your house when you're trying to sell it.