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Updated over 1 year ago on . Most recent reply

User Stats

39
Posts
8
Votes
Kyle Soudalan
  • Rental Property Investor
  • San Francisco
8
Votes |
39
Posts

Why can't we reuse inspection or appraisal reports?

Kyle Soudalan
  • Rental Property Investor
  • San Francisco
Posted

This might seem like a silly question, but if very little changes with a property over the course of a few weeks or months, why does each prospective buyer have to re-pay for essentially the same report? Wouldn't it be better (cheaper, faster) if there was a fair third-party who conducted the inspection and appraisal reports and made those publicly available to all prospective buyers? And then every fixed time-period (3-months, 6-months, location-specific), a new inspection or appraisal could be conducted. 

Yes, someone has to pay for these, but that's a separate matter.

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