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Seller Inspections & MoveInCertified Contains discussions about seller inspections and the MoveInCertified program.

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  #16  
Old 7/26/16, 2:29 AM
Michael J. Coppoc Michael J. Coppoc is offline
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Default Re: MIC with Buy Back Guarantee

I admit I can be dense sometimes, but this is confusing me...

I see the answer that the buy back does work with the MIC, but I also see where the inspection needs to be done for the buyer.

Can someone please clarify? If the seller pays for the MIC, is the buy back good for the buyer for 90 days after closing?
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  #17  
Old 7/26/16, 8:20 AM
Jeffrey R. Jonas's Avatar
Jeffrey R. Jonas Jeffrey R. Jonas is online now
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Default Re: MIC with Buy Back Guarantee

Quote:
Originally Posted by mcoppoc View Post
I admit I can be dense sometimes, but this is confusing me...
Perhaps that's because you haven't received a direct answer to anything yet. GET IT IN WRITING before assuming and committing to anything!!!



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Owatonna, Minnesota



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  #18  
Old 8/23/16, 5:19 PM
Michael Moores, CPI Michael Moores, CPI is offline
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Default Re: MIC with Buy Back Guarantee

I'm late to this thread, but is this also compatible with the $10k guarantee?
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  #19  
Old 8/25/16, 2:08 AM
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Nick Gromicko, CMI Nick Gromicko, CMI is online now
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Default Re: MIC with Buy Back Guarantee

Quote:
Can someone please clarify? If the seller pays for the MIC, is the buy back good for the buyer for 90 days after closing?
Yes.

Quote:
I'm late to this thread, but is this also compatible with the $10k guarantee?
Yes, but they are mutually exclusive as every member gets the $10,000.00 Honor Guarantee anyway. www.nachi.org/honor It comes with membership, you need not do anything, every member gets it automatically.
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  #20  
Old 8/26/16, 2:08 PM
James E. Braun, CMI's Avatar
James E. Braun, CMI James E. Braun, CMI is online now
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Default Re: MIC with Buy Back Guarantee

Thanks for the response, Nick.

Can we get the Buy Back website changed to reflect that https://www.nachi.org/buy-faq.htm. It is the third question above the video.

Thanks for all that you do!



Braun Inspection Consultants
Serving Jefferson City, Columbia, Sedalia, Fulton and Lake of the Ozarks
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  #21  
Old 9/2/16, 10:36 PM
Tim Williams, CPI's Avatar
Tim Williams, CPI Tim Williams, CPI is online now
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Default Re: MIC with Buy Back Guarantee

Nick,

Add me to the confused. In another post started by Dennis Bonner you state in one word that the MIC does not qualify the buyer for the Buy Back Guarantee. And as James Braun stated above, the FAQ states that the guarantee is only valid for a buyer's inspection.

We just need to figure out what we can and cannot offer clients and not put ourselves at risk.

Thanks.

Tim



Tim Williams, CPI

10198 Cricklewood Ct.

Portage, MI 49024

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  #22  
Old 9/9/16, 4:11 PM
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Nick Gromicko, CMI Nick Gromicko, CMI is online now
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Default Re: MIC with Buy Back Guarantee

We’ll honor it for buyers of a home you inspected for the seller. One could argue that the ultimate purpose of a MIC inspection report is "for a buyer" anyway, and we agree with that argument. However to keep our program simple from a marketing standpoint, we aren't adding this explanation to our "fine print" section of www.nachi.org/buy
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  #23  
Old 9/12/16, 6:45 PM
Michael L. Marlow Michael L. Marlow is online now
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Default Re: MIC with Buy Back Guarantee

Nick,
That's great to finally have ironed out. How about adding something to the MIC page so that we can refer to that to sell those inspections? It would really make the MIC program even stronger if it had that kind of backing. I could see the buyers looking at the report and taking it even more seriously if the inspector was backing it up with the buy back.

Mike



Michael Marlow
Veteran Home Inspections®
Bandera, TX
210-202-1974
TREC-22424
Serving San Antonio. TX and the Hill Country

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www.vhillc.com

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  #24  
Old 9/17/16, 8:56 PM
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Laura A. Ward Laura A. Ward is offline
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Default Re: MIC with Buy Back Guarantee

Seller wants a "major systems only" inspection - no interior doors, floors, ceilings and the like. I'm thinking that won't work for MIC and not perhaps not with the buy back guarantee because the full home wasn't inspected.

I understand anyone purchasing an inspection has the option to opt out of certain portions of it. So bottom line, how would this affect MIC and buuy back guarantee?
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  #25  
Old 9/28/16, 8:01 PM
James E. Braun, CMI's Avatar
James E. Braun, CMI James E. Braun, CMI is online now
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Default Re: MIC with Buy Back Guarantee

You cannot do the that inspection with MIC or BBG



Braun Inspection Consultants
Serving Jefferson City, Columbia, Sedalia, Fulton and Lake of the Ozarks
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  #26  
Old 10/1/16, 11:09 AM
Wayne K. Thurber Wayne K. Thurber is online now
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Default Re: MIC with Buy Back Guarantee

Quote:
Originally Posted by lward1 View Post
Seller wants a "major systems only" inspection - no interior doors, floors, ceilings and the like. I'm thinking that won't work for MIC and not perhaps not with the buy back guarantee because the full home wasn't inspected.

I understand anyone purchasing an inspection has the option to opt out of certain portions of it. So bottom line, how would this affect MIC and buuy back guarantee?
I've never understood how people can say that about a sellers inspection. If you're doing a "major systems only" inspection, you aren't abiding by the S.O.P. as near as I can understand. IMO, that leaves you open to lack of insurance coverage and coverage by interNACHI if you're selling yourself as a certified inspector who is not abiding by the requirements of that certification (if that makes any sense).



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