SHOULD A SELLER BE PRESENT AT A H0ME INSPECTION???

Reblogger Sandy Bliven
Real Estate Agent with Re/Max South County

We have a client all lender approved with a signed P&S agreement for $525,000. It's time for the home inspection. The client selects the inspector and arranges a time through their buyer's broker.

The day arrives and upon entering the house, there is the listing broker with her seller right behind her.

 

What do you think?

Original content by Ann Sabbagh MLO 10920

So, we have a client all lender approved with a signed P&S agreement for $525,000.  It's time for the home inspection.  The client selects the inspector and arranges a time through their buyer's broker. 

The day arrives and upon entering the house, there is the listing broker with her seller right behind her.

 

As the inspection begins, almost every comment by the inspector was followed by a rebuttal from the seller.   It all came down to one issue: some water damage that was found on the floor.  Our client has asthma issues and had to make sure there were no air quality problems with the house.  The seller said this was a minor issue.  Upon further investigation, it was more than minor.  There had been a leak in the roof, causing possible mold.

The client wanted a licensed inspector to review the situation paid for by the seller.  The seller refused.  The buyer walked away from the property.  The seller then had a change of heart and was willing to take care of the situation 100%.  Too late!  Buyer got too nervous there was more to the house than what was being told.

So, I ask you, should a seller be present at a home inspection? If the seller was absent, this could have all been ironed out in a calm manner.  The seller reacted too quickly on the spot.  It is best full disclosure be made on the proper forms and leave the inspection to the listing and buying broker and the buyer and their inspector. AGREE?

 

 

Ann Sabbagh

Vice-President

Seacoast Mortgage Corporation

LICENSED LENDER AND BROKER

Residential AND Commercial loans

508-243-1190

 

"When you choose me as your mortgage consultant, you also choose a financial planner who cares about YOUR future!"

Ann Sabbagh, Vice-President

"The BEST compliment is a client referral: Thank YOUUU!"

Seacoast Mortgage Corporation

401-305-6906 or 508-243-1190

Residential & Commercial Financing

MLO10920

RIAR: teacher for "The Mortgage Course"; "Valuation of Commercial/Investment Real Estate"; "Reading Financial Statements"

 

"When you choose me as your mortgage consultant, you also choose a financial planner who cares about YOUR financial strength."

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
132,980

Sandy Bliven

e-PRO, Westerly RI Real Estate
Ask me a question
*
*
*
*
Spam prevention

Additional Information