I have an inspection tomorrow for a home I already did a Feasibility Report on, there was water in the basement and the home needs some work to mitigate the water problem. So far the seller has done interior drain tile with a sump pump on one wall and the seller and buyer are both aware the home needs more work.
My question is, this is an opportunity to offer the Buyback and maybe get some juice from having something another inspector doesn’t have, would you offer the Buyback guaranty knowing and reporting this water problem.
For those who don’t do or have heard of feasibility reports, they are a non invasive inspection that cover obvious items like furnace, roof, windows, ect. What’s different is you don’t remove covers or crawl around and at the end you give an estimate on cost of the discovered repairs.
Offer the Buyback or not?