Contract termination and inspection report disclosure

[Irfan Saeed]

Hello BP members - I would appreciate if you guys could help me on this.

I am a new investor and this is my third rehabbed house. I have not encountered this situation before. The buyer backed out on my rehabbed property and the house has come back to the market.

The buyer had inspection done and backed out on the contract. The seller agent provided me the inspection report. I offered the buyer to take care of the various items but the buyer moved on.

Now the house has come back to the market. The buyer agents are asking me why the house has come back to the market and the reason for termination. I am letting them know the reason for the contract termination and offering them a full disclosure of the inspection report and willing to take care of the those items. is this the right way of handling the situation ? Please help

Thanks