Timeline for Is there no way of getting the inspection report before placing a bid?
Current License: CC BY-SA 4.0
27 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Mar 31, 2022 at 16:16 | comment | added | Beau | In case I wasn't clear - I didn't mean consulting a web site. I meant consulting with an actual person who is a real estate agent. This is a nuanced question that requires a familiarity with the neighborhoods, locations, bylaws and trends in the area in which you seek to purchase a house. I don't think there is a universal answer to your question. | |
| Mar 30, 2022 at 20:33 | comment | added | Kevin | Just be glad this isn't taking place in California, where "offer contingent on inspection results" (or financing, or any other contingency under the sun) is completely synonymous with "I don't actually want to buy a house today." | |
| Mar 30, 2022 at 19:23 | answer | added | John Eisbrener | timeline score: 1 | |
| Mar 30, 2022 at 18:30 | comment | added | Dean MacGregor | I still don't understand what you're lamenting. Is it that you want to be able to have a house inspected before you place a bid? Is it that you want sellers to provide them for you? If the former, you probably can if you ask. Surely a seller would be encouraged that you're willing to shell out the cost of an inspection without a contract in place. Most people don't want to spend the money on an inspection without knowing the deal is done so long as the inspection is clean. | |
| Mar 30, 2022 at 18:16 | comment | added | heretoinfinity | @DeanMacGregor, the alternative that I thought of was going to be too costly for the different homes I would have looked at so I was curious if there was something I didn't think of. | |
| Mar 30, 2022 at 17:12 | comment | added | Dean MacGregor | It's not clear what alternative you want? Are you saying you want to send home inspectors to a bunch of houses before putting a bid down? | |
| Mar 30, 2022 at 15:39 | comment | added | ps2goat | @jamesdlin - sometimes those reports come from an acquaintance of the seller's agent, and could have bias. It's a good starting point, but I feel an independent inspection could still be warranted. In my case, my inspector was able to tell the home owner she needed to fix the exhaust pipe for the gas furnace as it wasn't properly sealed. Even if I didn't buy the place, she was at risk for carbon monoxide poisoning! | |
| Mar 30, 2022 at 15:25 | comment | added | mcalex | @Beau I don't think there's a realestate.stackexchange | |
| Mar 30, 2022 at 1:36 | comment | added | user26460 | The best thing is learning to spot major problems yourself. And remember that issues with inspection can be a bargaining chip, not just a reason to walk. | |
| Mar 29, 2022 at 14:24 | answer | added | cr0 | timeline score: 4 | |
| Mar 29, 2022 at 11:12 | comment | added | jamesdlin | Maybe it's not as common as I think, but when I was in the market to buy a home in the US, I was able to request an inspection report from the seller's agent for all of the homes I was interested in. | |
| Mar 29, 2022 at 10:34 | comment | added | pjc50 | This is why Scotland (but not England) has the "Home Report" system, which is one survey provided to all candidate buyers. | |
| Mar 28, 2022 at 22:51 | comment | added | brhans | If your inspection reports turns up some issues there's some incentive for the seller to work with you to come to an agreement about them. Afaik, if your inspector discovers legitimate issues which you then disclose to the seller, the seller can't then offer the property for sale to someone else and pretend they don't know about those issues. So from that point on the seller would have to start considering lower offers anyway, or make repairs themselves before selling. | |
| Mar 28, 2022 at 22:13 | comment | added | Beau | These sound like questions that a real estate agent would be most qualified to answer. | |
| Mar 28, 2022 at 17:24 | comment | added | donjuedo | Also, in the US, it is required by law (in the states I'm familiar with) that the seller fill out a disclosure form, documenting all the major conditions (roof, foundation, etc.) that they already are aware of. So the value of a fresh home inspection is limited to details the seller does not already know. (Reports still turn up issues large and small). | |
| Mar 28, 2022 at 17:22 | comment | added | donjuedo | Normally, the buyer pays for the inspection. In that case, the buyer (or previous prospective buyer of the home you are considering) is the owner of the report, not the seller. It's conceivable to discuss it with them, assuming you know how to contact them | |
| Mar 28, 2022 at 15:00 | history | tweeted | twitter.com/StackFinance/status/1508458893999063047 | ||
| Mar 28, 2022 at 13:12 | comment | added | Brondahl |
wouldn't I have lost money and time I don't understand this line. Certainly you would lose time, but I don't see how you've lost money. Indeed, if you do it the other way around, you're more likely to lose money. If you commission (and pay for) the report,and then seller doesn't like your offer (or they've had a better offer in the meantime, then you're money is entirely wasted, even if the report comes back clean!
|
|
| Mar 28, 2022 at 13:07 | answer | added | MonkeyZeus | timeline score: 8 | |
| Mar 28, 2022 at 7:34 | history | became hot network question | |||
| Mar 28, 2022 at 7:34 | history | became hot network question | |||
| Mar 28, 2022 at 7:34 | history | became hot network question | |||
| Mar 28, 2022 at 7:34 | history | became hot network question | |||
| Mar 28, 2022 at 3:59 | answer | added | Hart CO | timeline score: 16 | |
| Mar 27, 2022 at 23:47 | answer | added | mhoran_psprep | timeline score: 22 | |
| Mar 27, 2022 at 23:39 | answer | added | Eric | timeline score: 35 | |
| Mar 27, 2022 at 23:27 | history | asked | heretoinfinity | CC BY-SA 4.0 |