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Okay to skip pre-closing inspection?
| Big-titted Federal Codepig | 02/02/23 |
| sepia impertinent chapel | 02/02/23 |
| Big-titted Federal Codepig | 02/02/23 |
| Disrespectful Idiotic Space | 02/02/23 |
| metal useless brethren marketing idea | 02/02/23 |
| Big-titted Federal Codepig | 02/02/23 |
| metal useless brethren marketing idea | 02/02/23 |
| Thirsty jew hall | 02/02/23 |
| Heady honey-headed party of the first part | 02/02/23 |
| coral geriatric market headpube | 02/02/23 |
| cream french puppy theatre | 02/02/23 |
| Big-titted Federal Codepig | 02/02/23 |
| metal useless brethren marketing idea | 02/02/23 |
| Stirring maroon corner | 02/02/23 |
| Azure trailer park legal warrant | 02/02/23 |
| Disrespectful Idiotic Space | 02/02/23 |
| disturbing point mood | 02/02/23 |
| Big-titted Federal Codepig | 02/03/23 |
| Bateful home kitty cat | 02/03/23 |
Poast new message in this thread
Date: February 2nd, 2023 10:46 PM Author: Big-titted Federal Codepig We put an offer on a house and it got accepted. We waived the inspection contingency. We asked the seller to allow us to do an inspection so we can be prepared for any immediate repairs. Since we will be subleasing our current apartment, it will let us plan ahead to decide our moving date and do any repairs if needed. Now the seller is refusing to allow inspection claiming they don’t want to assume liability. This has gotten me worried. We were never planning to back out because of inspection but the fact they are not allowing us is pretty scary. Our agent is telling us that legally it’s their right. Is that true? Can we do anything in this situation? (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880044) |
Date: February 2nd, 2023 11:12 PM Author: sepia impertinent chapel (redditor) (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880145) |
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Date: February 2nd, 2023 11:14 PM Author: Big-titted Federal Codepig Should I just skip the inspection? It seems like it may expedite things, but I have a bad feeling about this as Han Solo used to say. (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880156) |
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Date: February 2nd, 2023 11:15 PM Author: Disrespectful Idiotic Space this was like me negotiating with craigslist sublettors 15 years ago. cant believe people fucking put up with it for home ownership. (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880157) |
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Date: February 2nd, 2023 11:16 PM Author: metal useless brethren marketing idea (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880159) |
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Date: February 2nd, 2023 11:16 PM Author: Big-titted Federal Codepig not sure what that means (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880161) |
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Date: February 2nd, 2023 11:17 PM Author: metal useless brethren marketing idea (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880163) |
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Date: February 2nd, 2023 11:17 PM Author: Thirsty jew hall (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880167) |
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Date: February 2nd, 2023 11:22 PM Author: Heady honey-headed party of the first part Home inspections are fraud lies. (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880204) |
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Date: February 2nd, 2023 11:18 PM Author: coral geriatric market headpube why would your realtor advise to waive the inspection is this a "hot market" (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880168) |
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Date: February 2nd, 2023 11:18 PM Author: cream french puppy theatre (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880171) |
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Date: February 2nd, 2023 11:42 PM Author: Big-titted Federal Codepig https://www.reddit.com/r/RealEstate/comments/ggo3ji/seller_refusing_to_allow_inspection/ (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880298) |
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Date: February 2nd, 2023 11:54 PM Author: metal useless brethren marketing idea (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880344) |
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Date: February 2nd, 2023 11:19 PM Author: Stirring maroon corner It’s a buyers market why would you waive this? (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880182) |
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Date: February 2nd, 2023 11:19 PM Author: Azure trailer park legal warrant you're fuct. and your realtor is a retard.
When sellers should refuse buyers’ request for a home inspection Perspective by Ilyce Glink and Samuel J. Tamkin September 20, 2021 at 6:00 a.m. EDT
When the homeowner is selling the home for the value of the land, there’s no point in allowing a home inspection. (Jim Watson/AFP via Getty Images)
Listen 3 min
Comment 20 Add to your saved stories Save Gift Article Share Q: In a recent article you suggested to a daughter that when selling her mother’s home in poor condition that she could just refuse the buyer’s request to have a home inspection.
Why in the world would you suggest that? Refusing a buyer to conduct a home inspection reeks of “hiding” something.
A: Some people will certainly see it that way. As if the seller is hiding something by refusing to open up the doors to a professional home inspector. But there are a few circumstances where it makes sense to do this.
Let’s back up. Most buyers will include an inspection contingency when making an offer. And most sellers will agree to allow a professional home inspector to come through the house within a week or 10 days after the buyer and seller agree to the purchase price.
Sometimes a seller will sell a home in as-is condition, which telegraphs to prospective buyers that the property likely needs work (which could range from a thorough cleaning to a major renovation or rebuild). It also telegraphs that the seller will not negotiate the price based on any issues with the condition the buyer may find with a professional home inspection.
More Matters: It may seem like an unnecessary cost. But title insurance is important, and here’s why.
If the seller agrees to a professional home inspection, then the buyer will have the right to cancel the deal if the property does not pass inspection. In a hot market, the seller may not want to waste time, so they will eliminate the right to have the home professional inspected before the closing.
Also, when the homeowner is selling the home for the value of the land, there is no point in allowing a home inspection.
It is true that the sellers might get more money if they allow buyers to come in and see the home. However, when a home is in such bad shape or if the land is worth more without the home than with it (because there is a cost to remove the home before building something else), then the home inspection is superfluous.
You may notice listing brokers putting up a single picture of a home online. These homes are usually teardowns. There is a good reason they do not put up interior photos of the home. In most cases, they will turn off prospective buyers, who might not even consider looking at the home.
More Matters: Crunching the numbers to determine whether a senior should buy or rent a home
Our advice was not intended to keep buyers from looking at the property. The question is really about whether there are valid reasons not to permit an inspection.
If the sellers are willing to risk getting less money for the property, they can refuse to allow any contingencies. If there is a superhot buyers’ market, they can say they will take “best bid” offers and open it up like a one-round auction.
The right buyer would have to come along and buy this seller’s home without a proper inspection. That buyer might be a contractor, real estate developer, real estate agent or another real estate industry professional who does not need a professional home inspection to know what they are getting into if they make an offer. |
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Date: February 2nd, 2023 11:20 PM Author: Disrespectful Idiotic Space its an old house ok? solid 50s construction. (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880187) |
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Date: February 2nd, 2023 11:21 PM Author: disturbing point mood hope this is flame brother (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45880196) |
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Date: February 3rd, 2023 10:10 AM Author: Big-titted Federal Codepig it's real brother, sorry to say (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45881262) |
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Date: February 3rd, 2023 10:12 AM Author: Bateful home kitty cat is it 2021? who the fuck skips inspection unless the market is so hot you can't get a place otherwise? (http://www.autoadmit.com/thread.php?thread_id=5283083&forum_id=2#45881274) |