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Old 11-11-2023, 02:19 PM   #103
Descant
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Default Due diligence

ApS, I don't think we need to add more RSA requirements for things that should be part of a buyer's due diligence. Many of them come up in other ways or aren't part of the buyers plan if there will be a bulldozer or a major addition. Most buyers hire a home inspector and banks and/or insurance companies have their own requirements. My last two deals were cash buyers who had not desire to spend $500 for a home inspection because the negotiated price allowed for some unknowns. Condition of roof and furnace are obvious to an observer without great skill or training. A septic system on an unused camp may pass in the spring and fail by August when the new owner brings in three generations of his family to enjoy the new place.
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