[quote=CA renter]Wondering why you didn’t use the inspection report to negotiate, though. Also, if they see the inspection report and/or were notified of the problems — which they would likely do if you were using it to negotiate with them on repairs/cash-in-lieu/price reduction (my preference because you don’t have to pay property taxes on it as you likely would with cash-in-lieu or seller’s repairs) — they would legally have to disclose this information to any other potential buyers. You can use this to your advantage.[/quote]
This is tricky with “bubble” homes that have very little or no equity in the house, and there are quite a few of those on the market these days. Leveraging $2,000 is a lot easier than leveraging 10,000 or 20,000.
Obviously the seller is going to still have the same problems with future potential buyers, but sometimes they just don’t have any wiggle room and have to hope they can find someone willing to pay enough to make it work.
