Reply to Inspection for informational purposes?

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Reply to "Inspection for informational purposes?"

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[quote=Anonymous]I think informational inspections can happen either before or after a ratified contract.  People do pre-inspections so they can waive home inspection contingency on their offer to make it more attractive.  In my opinion, the seller doesn't have anything to lose by allowing the pre-inspection as long as he/she does not know the results.  Seller does not need the know the results, only the buyer does, since there's no contract.  In the same vein, if a buyer does an informational inspection after the contract is ratified with the option to void checked, then he/she can back out for any reason or no reason.  Again, seller does not need to know the results, so nothing to divulge.  It's actually better for the seller to have the buyer do the pre-inspection because the house doesn't get stigmatized if buyer cancels...you don't need to go back on the market because it was never off the market.

The whole disclosing defects to the next buyer thing is totally based on the honor system by the way.  No one ever makes the previous buyer's home inspection report available for the next buyer's reference (and for good reason), so you more or less have to take the seller's word for it.  That's why you have your own inspection of course.  [/quote]

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