Where do all the Buyer Inspection Reports Go?

During the Due Diligence period (time when Buyer performs all desired inspections on a home to understand if any problems exist or may exist), there may be several different inspection reports. Home Inspection, Termite Inspection, Radon Inspection, Structural Engineer Inspection, Roof Inspection, HVAC Inspection, etc.

The inspector prepares a report. Based on the report’s findings, the buyer may then decide to negotiate with the Seller any repairs or resolution agreement and move forward with the purchase, or to cancel the contract. But, what happens to the report?

The original report is normally held by the Buyer and a copy is released either as directed by the Buyer or contractually.

Depending on the terms and conditions of the contract itself, you may have to furnish a copy to the seller as either additional explanation as to what condition needs to be corrected.

Source for inspiration: What Happens to Buyer Reports?

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