Can we just use the first home buyers inspection?

By
Real Estate Agent with HER Realtors

"Can we just use the first home buyers inspection? "  is a question I have heard over the years from both buyers and sellers.

Home went on the market, home went under contract.  Home went back on the market.  Perhaps the buyer was unable to get financing. Or there was a failure to  come to an agreement with the seller about the terms of a buyers request to remedy. 

Tempted to just ask "Can we just use the first home buyers inspection? " ? Save money? 

There are lots of problems with that.  The home inspection is the property of the first buyer.  Their contract with the home inspector probably says so.  Does that property inspection offer you any protection?  Probably not.

"Can we just use the first home buyers inspection? "  Get your own home inspection.  In most cases you are there with the home inspector and see the repairs he is recommending or learn about home maintenance of your new home. 

The seller does not always get the whole home inspection so they are not able to pass that on to you.  Even if it is in their possesion are they able to pass it to you? The contract the home inspector and the client have may not allow the buyer to pass on the information to a new buyer.

The seller needs to disclose any latent defects they have become aware of in an inspection and repairs they have made.

Every transaction is unique.

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Information is deemed to be accurate but should be verified to your satisfaction.  Information provided herein is supplied by several sources and is subject to change without notice.  Opinions expressed are solely those of Maureen McCabe.

 


 

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Topic:
Home Buying
Location:
Ohio
Tags:
home inspection
home buying

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Rainmaker
219,277
Brad Rachielles
REALTOR, CDPE, Upland, CA
CENTURY 21 Prestige Properties, Ca BRE# 01489453

Maureen,

Good explanation. With unit sales way down from years past, Inspectors are fighting for every inspection in the first place, and secondly, if I were the buyer, I would want the benefit of the inspectors explanation and tour.

I can just see it now... inspectors offering the buyer the right to transfer the report, kind of like assumable loans... but you would pay for the right UP FRONT, and the transferability would only last for 90 days..... Just kidding.... just kidding.

BUT - not kidding about recommending this post.

Best of Success in 2011!

February 11, 2011 06:27 PM
Rainmaker
249,738
Jack Mossman - The Nines Team in Lodi
The Nines Team in Lodi
The Nines Team at Keller Williams

Maureen ... Great points ... and I think the very best person available to "explain" how some of the "things" in the house work ... would be that same home inspector!  I always encourage buyers to be present at the inspection ... even if it's inconvenient!

February 11, 2011 07:58 PM
Rainmaker
930,218
Gary L. Waters, Broker Owner Waters Realty of Brevard, LLC
Personal Service, always.
Waters Realty of Brevard, LLC

Just did an inspection yesterday although we had a copy of the relo company inspection. Found jacuzzi leak, pump leak and broken roof tiles (darn golf balls!) not identified in first "thorough" inspection report. Always get your own and you can't go wrong!

February 12, 2011 08:34 AM
Anonymous #4
Anonymous
Anonymous

Maureen,

A nice, concise answer to something we all are frequently asked.  Just closed a deal in which the basement was flooded between the 2 potential buyers, ruining the furnace, water heater & sump pump.  Things CAN change quickly in a home, so a current home inspection is a MUST!

February 12, 2011 09:57 AM
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Rainmaker
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Maureen McCabe

Columbus Ohio Real Estate
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