Re:Elon Musk asserts his “right to terminate” Twitter deal
by falcolas on Tuesday June 07, 2022 @11:11AM
(#31655529)
Personally, the seller refusing to sell if you get an inspection is such a huge red flag I would never enter the contract. The house could be in a state where it should be condemned, and you wouldn't be able to tell.
[ Parent
| on HN ]
Re:Elon Musk asserts his “right to terminate” Twitter deal
by anotherman554 on Tuesday June 07, 2022 @11:33AM
(#31655853)
There's no red flag. The seller doesn't demand anything. In a hot market they simply sell to the person who waived inspection.
For example, a house goes up for sale, three people bid within three days of the listing. Two of them for $300,000 with inspection waived, one for $300,000 with inspection not waived. The bid with inspection not waived is never even considered. It would be irrational for the seller to take the risk associated with the weaker bid.