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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We haven't reached the part where they sign the contract. Our agent has them being issued the contract, and doing the inspection simultaneously in the effort to speed the process forward. Basically our timelines have been, Accept offer, issue contract, get them in to do inspection, inspection report comes back fine, wait, wait, wait...oh yeah, no, never mind we aren't buying the house after all. [/quote]

Agent X here. Hopefully I'm logged in. I have been on this board for years but I decided to register so you realize you're getting advice from an agent.

There is so so so much wrong with what you are saying here OP. In no case at all should you be allowing verbal offers and letting people into your house to do an inspection without them actually being under contract.

Second - YOU DO NOT WANT THE INSPECTION REPORT!!! Sorry, but your agent is an effing moron. You absolutely do not want this report because now anything in it you have to turn around and disclose to the next party. Who is your agent? Where is your house? I'm outraged for you. You need way better advice than what you are getting.

[/quote]

Another actual realtor here and just to be clear many people do home inspections before submitting a WRITTEN offer on a house.  The seller is smart to allow this so that the interested buyers can determine in advance if they want to buy the house or not.  The seller does not then have to wait for a five to ten day inspection period to learn if the buyer is going to proceed under the contract.

In this case, if the buyer is doing a home inspection and does not proceed with a contract, there is no reason to give the seller a copy of the home inspection report as there is no contract to void.  If the buyer wants to enter into a contract with the seller, the buyer can ask for home inspection repairs as part of the contract or not.  You will also recall that the seller had other offers which were voided and has see at least one home inspection report.  The seller is aware of what is in that report.

I strongly suggest you calm down and discuss your ill considered advice with your broker tomorrow.  You should not be giving this type of advice to any buyer or seller.[/quote]

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