Originally Posted By: cradan
This post was automatically imported from our archived forum.
price would be more accurate with respect to “value.” Unfortunately, as home inspectors (at least in this neck of the woods), the “value” of the home is strictly the province of the seller/seller’s agent and buyer/buyer’s agent cabal. We are not legally allowed, nor in any way encouraged, to consider or opine on the “value” of a home. Additionally, facts disclosed in the home inspection report can (and sometimes do) clearly figure into the ultimate “value” (read, actual selling price) of the home, regardless of what the original sales contract called for. For practical purposes, it would be nearly impossible to calculate inspection cost on the final, actual selling
price, unless we were willing to “bill to close”, which we are not
. (COD…like the fish, LOVE the billing/accounting method.)
Chicago Illinois Home Inspections