Reply to Allowing Buyer Access To Your Home Before Closing

Forum Index » Real Estate

Reply to "Allowing Buyer Access To Your Home Before Closing"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]If you own an older home there is new scam some of the buyers agents in Arlington are now pulling.
[b]Put a strong offer in with no contingency- inspection for information only.[/b]
Then they ask to have an additional inspection of the fire place.
The fire place guy is in on the scam and scares the crap out of the buyer ( often a younger family). He’ll tell them that the chimney isn’t up to code and must be replaced. It will sound like that home could burn at any moment, and they send the agent back to the seller asking for money back... often to the tune of 20- 30k
Of course the chimney won’t be up to current code. The house was built fifty years ago. Most buyers are ignorant to homes and the maintenance involved. 
It’s a scheme to give the buyer some leverage after the fact and bargaining in bad faith. 
Do not let a buyer back in after inspection. 
It’s a liability to the seller and no good can come of it.[/quote]

I don’t understand who benefits from this “scam.” [/quote]

I don't understand this either.

The offer says they will buy the house no matter what the inspection report says. So, hand over the money and I'll hand you the keys. Don't bug me about your stupid inspector's report and tell me XYZ aren't up to code. That is your problem, not mine. Your offer specifically stated the inspection wasn't going to influence the transaction. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics