A. Building reports are often compiled by the vendors inspector prior to marketing the building; which is a good idea if they are used by the vendor to gain a full understanding of the condition of the house and repairs required should possible negotiations take place. If the vendor’s reports are accurate and concise the vendor should not have any surprises at the time of sale. However, vendors reports are often available to the public and if inaccurate can be misleading to the purchaser which may result in costly repairs omitted and not discovered until some time after the purchase of the property.