How Much Can Inspections Uncover?

Hi again, all!

I posted here yesterday about a rare opportunity that I have to buy a house in a private sale. Here is the background for those interested: https://reddit.com/r/RealEstate/comments/u1p48r/sellers_in_litigation_with_builder/

The TL;DR version is that the sellers of my dream house are involved in a payment dispute with the original builder of the house. Because I am a lawyer by trade, I pulled the filings from the court and read through some of the briefings. They generally line up with the sellers version of the events, which is that the builder mismanaged funds and substantially delayed the project. However, there are several descriptions (bear in mind this is meant to be a persuasive document) of the builder rendering substandard work to the point that sellers had to hire an expert to basically look over his shoulder on a daily basis and fix any mistakes. They eventually terminated the contract and completed the rest of the house with another builder.

Thankfully, sellers are allowing us to do a full slate of inspections, including some non-customary ones to get our arms around the build quality. We also have a walk right for any reason related to the inspection for the first 15 days of the contract.

My question is how much can inspections really tell you about fundamental defects? Are there things that could go horribly wrong that an inspector would never be able to tell? I’m really interested in whether I’m getting a good deal here with a non-adversarial seller or whether I’m inheriting a massive liability. Thoughts?

submitted by /u/revan132
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Hi again, all! I posted here yesterday about a rare opportunity that I have to buy a house in a private sale. Here is the background for those interested: https://reddit.com/r/RealEstate/comments/u1p48r/sellers_in_litigation_with_builder/ The TL;DR version is that the sellers of my dream house are involved in a payment dispute with the original builder of the house. Because I am a lawyer by trade, I pulled the filings from the court and read through some of the briefings. They generally line up with the sellers version of the events, which is that the builder mismanaged funds and substantially delayed the project. However, there are several descriptions (bear in mind this is meant to be a persuasive document) of the builder rendering substandard work to the point that sellers had to hire an expert to basically look over his shoulder on a daily basis and fix any mistakes. They eventually terminated the contract and completed the rest of the house with another builder. Thankfully, sellers are allowing us to do a full slate of inspections, including some non-customary ones to get our arms around the build quality. We also have a walk right for any reason related to the inspection for the first 15 days of the contract. My question is how much can inspections really tell you about fundamental defects? Are there things that could go horribly wrong that an inspector would never be able to tell? I’m really interested in whether I’m getting a good deal here with a non-adversarial seller or whether I’m inheriting a massive liability. Thoughts? submitted by /u/revan132 [link] [comments]

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