Skip to main content

Should i share pre-inspection with buyers?

A little background: we bought our house a few years ago and, at the time, received an inspection report from another buyer who ultimately backed out for personal reasons. That report was very clean, with only minor issues that were easily addressed.

We’ve now decided to move and are working with a very experienced local realtor. On their recommendation, we did a pre-inspection before listing, fully expecting it to come back clean again. The inspector repeatedly told us we have a great house overall, but the written report feels… alarming. The main findings were minimal termite damage, asbestos (also small area and easily fixable), and some electrical items we’re already planning to remediate.

Our realtor’s suggestion is to share the inspection report (along with documentation showing what we’ve fixed) with serious buyers. The idea is to put everyone on the same page, demonstrate that we’ve taken care of issues, and ideally encourage offers that waive inspection contingencies. His view is that transparency shows we care about the home.

My concern is that if I were a buyer and saw this report without context—or without being able to talk to the inspector who emphasized that the house is in great shape—I might be scared off entirely. We also spoke with a realtor friend who suggested a different approach: disclose everything required, include notes about remediation, but don’t proactively share the full inspection report.

Curious to hear from homeowners, buyers, or realtors—would seeing a pre-inspection report like this help or hurt? Is full transparency the right move here, or could it backfire?

submitted by /u/runitdown321
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1pxn59v/should_i_share_preinspection_with_buyers/

Comments

Popular posts from this blog

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear...

Pool fill without engineer oversight

We are in the process of purchasing our first ever home in CA and we just discovered in the disclosures that the new build property we are purchasing previously had a swimming pool which was filled without an engineer onsite to approve the work (details from disclosure below). Is this something we should be concerned with or not? Is it something we should have additional inspections conducted on? We are originally from the UK and not really sure what to do with this information and if it is concerning or not. A POOL DID EXIST PREVIOUSLY. COPING, TILE, GUNNITE AND REBAR WERE ALL REMOVED AND DIRT AND CLEAN DRAIN ROCK WERE USED TO FILL IT IN. COMPACTED FILL WAS NOT USED AND NO ENGINEER APPROVED THE DIRT AND DRAIN ROCK FILL IN submitted by /u/tommot82 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/dpyzw8/pool_fill_without_engineer_oversight/

Making offers on houses not listed for sale.

I want to buy a home for retirement. I am looking at lots of options, mostly focusing on the locations that appeal to me. I see lots of Zillow estimates of homes that look like great deals to me. Are these estimates accurate, even though similar houses in the same area that are for sale are usually priced much higher? If so, is it realistic for me to try to make offers to owners that do not have their homes listed? Would a realtor even consider helping me do this? Or, do these values indicate that the houses listed for sale are overpriced, and I should just lowball until someone accepts? Are houses today tending to sell far below list prices, or ??? submitted by /u/chewybrian [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1o4mcon/making_offers_on_houses_not_listed_for_sale/