If your participating inspector misses anything, we’ll buy your home back.
And now for the “fine print”:
The Guarantee will be honored for 90 days after closing.
It’s valid for home inspections performed for home buyers by participating InterNACHI members.
We’ll pay you whatever price you paid for the home.
The home must be listed with a licensed real estate agent.
The Guarantee excludes homes with material defects not present at the time of the inspection, or not required to be inspected per InterNACHI’s Residential Standards of Practice.
Forum Selection: The exclusive venue for any litigation arising out of InterNACHI’s Buy-Back Program shall be in Boulder, Colorado. Any person who brings an action against InterNACHI waives a trial by jury and agrees to pay InterNACHI’s attorney’s fees, expenses, and costs if InterNACHI prevails.
Buy Back Program Legal Terms
1. InterNACHI’s Buy Back Program (Program) is a program InterNACHI offers to homebuyers that select a participating InterNACHI member to perform their home inspection. Under the Program, if the inspector misses something the inspector should have identified, InterNACHI will buy your home back. The program is subject to these legal terms:
3. Acceptance of Payment is a Release / Non-disparagement. The homebuyer’s acceptance of payment from InterNACHI constitutes a full release of the inspector and InterNACHI from any further liability in connection with the inspection and the program. The homebuyer agrees not to disparage the inspector or InterNACHI.
4. Venue / Waiver of Jury / Attorney’s Fees. The exclusive venue for any action arising out of the Program is Boulder, Colorado. The homebuyer waives trial by jury. In any such action, the Court must order the losing party to pay the prevailing party’s attorney’s fees and costs. Note: InterNACHI prefers to communicate solely by email (one email thread) so that everyone involved can be on the same page, literally. Read: https://www.nachi.org/email.htm