The Buyer Has Received The Home Inspection Report. Now What?
Negotiating the successful close of a home sale begins with price and contract terms and doesn’t end until the deal closes. One of the most frequently negotiated items, after the aforementioned price and terms, has to do with the home inspection results. They’re also among the most contentious negotiations. Very few home inspections are “clean,” meaning there’s not a thing wrong with the home. And, many of the items mentioned in the reports are minor. Because of this, buyers will almost always either make requests for repairs or request a credit or price reduction to account for the repairs needed.