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  #1  
Old 1/12/19, 8:32 PM
Mike Hartley Mike Hartley is offline
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Default Texas MIC question

Hey all, quick question; apologies if youíve already answered it and I missed it. A very experienced realtor voiced the opinion that with MIC the seller is required by law down here in TX to fix any issues that arise. I donít believe that to be the case, the seller simply knows the condition at the time of the inspection and has the opportunity to either fix or get estimates. By fixing the small things especially the process is much smoother. A win-win-win-win as Nick has said. Your thoughts?

Thanks,
Mike
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  #2  
Old 1/12/19, 8:57 PM
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Chuck Evans Chuck Evans is online now
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Default Re: Texas MIC question

Challenge them to cite the law that they are referring to.

The seller is required to disclose known significant deficiencies. You can sell a house with known defects. You just can't hide the significant ones and with a pre-listing inspection, it's hard to plead ignorance.



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  #3  
Old 1/13/19, 9:27 AM
Emmanuel J. Scanlan, TREC# 7593 Emmanuel J. Scanlan, TREC# 7593 is offline
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Default Re: Texas MIC question

Quote:
Originally Posted by mhartley View Post
Hey all, quick question; apologies if youíve already answered it and I missed it. A very experienced realtor voiced the opinion that with MIC the seller is required by law down here in TX to fix any issues that arise. I donít believe that to be the case, the seller simply knows the condition at the time of the inspection and has the opportunity to either fix or get estimates. By fixing the small things especially the process is much smoother. A win-win-win-win as Nick has said. Your thoughts?

Thanks,
Mike

A MIC inspection falls under the TREC rules and requires the use of the REI 7-5 report form. When was the last time you read the preamble to that form?



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  #4  
Old 1/14/19, 2:15 PM
Mike Hartley Mike Hartley is offline
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Default Re: Texas MIC question

Thank you, great point. Looks like I have my answer in black and white. ��

“ITEMS IDENTIFIED IN THE REPORT DO NOT OBLIGATE ANY PARTY TO MAKE REPAIRS OR TAKE OTHER ACTIONS, NOR...”

Mike
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