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Old 05-20-2020, 04:59 PM
 
Location: Meridian Township, MI
262 posts, read 164,185 times
Reputation: 621

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I supplied an inspection report that I paid for to both the selling agent directly, as well as my buyers agent last week. I felt morally obligated to make sure any future buyer knew the house needed to be torn down or would be $65K for just basic repairs, and there would still be an unresolvable drainage leak from a foundation crack, electrical outlets that could never be grounded, and a collapsed sewer lateral. It probably will save a combined 20+ hours of other potentential buyers and inspectors time. I felt selfish if held on to it, although that is my right, and I could have, and most people would have either because they don't care or don't have the time to make a photocopy.

However, unless the buyer knows the inspector, it may be worth their while to get their own inspector and not trust anything the agent supplies them. In my case, since the inspector is well known in our city, the buyer would benefit from knowing first they were buying a tear down. Also, it brings to light issues that the sellers were trying to hide, that they knew full well was wrong with their property.
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Old 05-20-2020, 06:51 PM
 
13,285 posts, read 8,440,622 times
Reputation: 31511
Both sides can gain from transparency.
Certainly a certified home inspector can be more detailed in one set of endeavors..plumbing , heating, electric, and be less detailed in structural areas.
As a buyer I appreciate a seller being forthcoming. As a seller I was eager to learn of the stamp of approval and awareness of the miniscule items.n
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