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Todd H.
 
Posts: n/a
Default Is my house at danger?

no_name writes:
wrote:
Home inspectors really work for the realty agent and not for you the
buyer.


Unless you hire your own.


This is key to understand in real estate.

The seller's agent does not work for you. They are paid when the
sale closes.

"Your" buyer's agent does not work for you. They supposedly represent
you, and are bound by a code of ethics which some take more seriously
than others, but don't kid yourself--they are paid by the
seller.... when the sale closes. By definition, they don't work for
you.

There are but two people who can possibly work for you in a
transaction:
your attorney (whom you find yourself and pay flat rate)
your inspector (whom you find yourself and pay flat rate)


If either of these were referred by a Realtor--be a little suspicious.
Because if their counsel killed too many questionable/shady deals, you
can be certain that they wouldn't be first on an unscrupulous
Realtor's referral list. There are exceptions of course, but you tend
to only find out you've got a lemon after it's too late.

--
Todd H.
http://www.toddh.net/