I have read mixed reviews on this, I’m considering making an offer on a house that has been on the market for about 60 days and during that time it had two pending offers but has ended up back on the market. I would like to see the prior inspection reports before even making an offer.
Here are some assumptions I’m making:
– The asking price is fairly consistent with area comps so I don’t believe the prior offers fell through due to appraisals being too low
– Prior offers could have fallen through because buyer couldn’t secure a mortgage, lost his job, etc
– Prior offers fell through because something significant was revealed during house inspection
The last assumption makes me want to look at prior inspection reports so that I don’t make an offer and waste money on an inspection that will likely reveal findings that have been previously identified and reported.