Funny article.
But to be fair, people cancel for a large variety of reason, and just use the inspection report as a convenient excuse.
I’ve had: Guy was buying because he was getting a divorce, reconciles with his wife, cancels escrow based on inspection report.
Investor puts offer on 3 homes, hires me to inspect all 3, then decides to which one to actually purchase. Blames the inspection to get out of the other two.
Buyer gets cold feet. Blames inspection report to get out of contract.
Buyer offers more money than they are willing to pay, hope to use inspection report to beat up seller and get price down, seller calls bluff and doesn’t lower price. Buyer cancels escrow based on inspection report.
Buyer intends to buy house, then finds house they like better, uses inspection as excuse to get out of buying the 1st one.
I just like that so many news articles recommend and link to InterNACHI.
It is the house that kills the deal: not the inspection. Agents are pushing these sub-par properties onto unsuspecting home buyers, and when home buyers wise up to getting a home inspection, walk away from the transactions. We all have many reasons as to why buyers back out, but getting the home owners to get a pre-sale inspection and do the repairs BEFORE the home goes on the market is just not being pushed by the agents. The problems of home sale failures starts with them.
Wholesalers use inspection reports to back out of deals all the time.
The article mentioned that inspectors should not assess the life expectancy of components. And the InterNACHI Standards of Practice say the same thing if I remember correctly. However I occasionally use the Life Expectancy Chart that is provided by InterNACHI. Seems like a contradiction?
wow just wow. this inspector needs a report writting and conduct training class.
making it hard on those of us who are professional and understand our job as home inspector’s . thats why we are to be generalist and not specialist of every area we inspect.
think about what your saying and how it will effect everyone involved and how it will make you and everyone else feel about you and your inspection.
It is the house that kills the deal: not the inspection. Agents are pushing these sub-par properties onto unsuspecting home buyers, and when home buyers wise up to getting a home inspection, walk away from the transactions. We all have many reasons as to why buyers back out, but getting the home owners to get a pre-sale inspection and do the repairs BEFORE the home goes on the market is just not being pushed by the agents. The problems of home sale failures starts with them
AMEN Gary --I totally agree !
Amen Gary, I totally Agree with you !
Not a contradiction if you phrase it right.
The Life Expectancy Chart is a giving a general rule of thumb on the life expectancy based on the average of all of those items in the existence.
For example, per the chart, the average life of a furnace is 15 to 20 years.
What one should not do is look a furnace, determine it’s ten years old, and then say “this furnace should last 5 to 10 more years”. Because now you are giving a specific time frame about a specific furnace. It might last 5 to 10 years, it might not, you really don’t know.
A better way to say it is “this furnace is 10 years old, and the average furnace lasts 15 to 20 years.” This way you are comparing the age to an average.