There are times the listing agent does not know why a buyer terminates a contract, and with our Colorado contracts, no explanation is needed. I know I had a buyer terminate mid-March after the stock market took a dive, and they did not want me to share that information. As a Buyer's Agent, you cannot share if that is their request.
We are seeing many properties come back on the market in 7-14 days, and you have to think it has everything to do with the inspection items. The listing agent and the Seller are required to disclose if they are aware of any issues with the home.
If a home comes back on the market, and the listing agent shares the previous inspection report, should you have confidence in this report? What if "Uncle Bob" did the inspection? What if an inspector has a certification - ASHI or InterNACHI? I know I would feel better if they have been certified, as in Colorado our Inspectors are not required to be licensed, so anyone can do an inspection.
It is nice to "save money", but will you? Be sure to read all the documentation, ask for receipts for repairs done, and know what you can live with, and what you cannot!
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