My house went under contract and the buyers walked after the inspection. I am relisting. Do I need to share the inspection report with new prospective buyers? |
Ugh they sent you the report? Since it’s a known defect you should have to report it but ask your agent. |
No. You can't actively conceal any defects nor can you lie if asked about a specific defect. You have no obligation, however, in Virginia to disclose anything beyond the handful of statutory disclosures. |
I think you're supposed to avoid having the buyers send you the report for this reason.
Sometimes buyers walk over silly stuff, so it could be worth fixing the problems if you can do so easily. |
They did, with a significantly lower offer. |
How much are the repairs? How much lower was the offer? |
what was on it that scared them? |
Age of the roof, foundation issues, and a bunch of small things. |
No. In Virginia, virtually everyone disclaims using the standard form. |
YES! |
I wouldn’t disclose. The age and condition of a roof is subjective, unless you’ve actually experienced leaks and haven’t repaired them. Same with the foundation - there might be cracks or shifting but it doesn’t mean that anything needs to be fixed, unless you’ve experienced leaking or other problems. Did they actually hire a structural engineer? If not the inspection doesn’t have a lot value. |
But I believe the form says there are no KNOWN defects. Now the OP knows about them. But a roof that is in decline is not a defect - if there was a hole in the roof that's different. |
In Virginia, really no disclosures are required if one selects the disclaim box. Known defects do not change this. It is a buyer-beware state. Guess what, nearly everyone selling selects the disclaim option.
In VA, waiving the buyer home inspection can be very high risk. |
Old roof isn’t a defect. |
Only the foundation issues probably need to be fixed or disclosed. I’d fix the “small things” so they don’t turn up again. The roof is old but that isn’t a defect. If you want to remove objections offer a credit toward roof replacement in your updated listing. |