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Understanding the difference between “due diligence” and “right to request repairs”.
A standard Georgia Association of REALTORS® (GAR) purchase and sales agreement describes:
“Purpose of Due Diligence Period. During the Due Diligence Period, Buyer shall determine whether or not to exercise Buyer's option to proceed or not proceed with the purchase of the Property. If Buyer has concerns with the Property, Buyer may during the Due Diligence Period seek to negotiate an amendment to this Agreement to address such concerns.”
During the due "diligence period" a buyer may walk away from a transaction for “any reason or for no reason” without consequence as long as the walk-away occurs during the due diligence period and supporting paper work is properly delivered. An inspector is not privy to what occurs after an inspection is written and delivered but it can be beneficial to understand what can occur.
There is no right to request repairs in the due diligence clause. A buyer “may, during the due diligence period, seek to negotiate an amendment to address concerns”.
Become an Inspector
The best way for you to find out what is involved in home inspections is to to come to a few of our meetings, meet some of the inspectors and let them tell you about the profession. Login on the main page to learn more about the chapter. You will also have an opportunity to get first hand information and discuss our training courses that will be coming up in a couple of months. You will find that our courses are the best in the industry with the most cost effective approach. There are several organizations that you can join in our business, but only ASHI is the nationally recognized name with full recognition across the country as the leading inspection organization. Being a member of ASHI gives you all of the advantages.
When you hire a home inspector, make sure they are accredited. The American Society of Home Inspectors (ASHI) are the only home inspectors accredited by a 3rd party.