• Request a credit or price reduction • Accept it “as-is” and budget for repairs
Worst-case scenario? Major problems like structural damage, serious mold, or a roof that should’ve been retired with disco music and a Seller who refuses to adress....
In that case, you may:
• Renegotiate significantly • Walk away with your earnest money intact (during your option period) • Cry a little, but know you dodged a money pit
When to Walk Away (and Never Look Back) There’s brave, and then there’s foolish bravery.
If the inspection reveals any of these, it might be time to run: • Structural damage that requires a second mortgage to fix • Dangerous electrical or plumbing issues the seller won’t address • Mold infestations so bad they should come with hazmat suits • Repairs that exceed your budget or make you lose sleep If your gut says “no,” trust it. There are other homes—and they probably don’t have black mold in the ceiling. Will the Inspection Lower the Price? Sometimes. If you find serious issues, your agent can use them to negotiate. But don’t treat the inspection like your personal coupon for $10,000 off.
Its real purpose? Protection.
It protects you from buying a lemon house with a charming porch and a cracked foundation.
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