What happens if the inspection (or other investigations) reveal serious – or just unacceptable – problems with the home?
In the majority of instances, the inspection (and other investigations) do not reveal such serious problems with the home such that you will want to ‘walk’ from the property. But, of course, this happens, and an inspection can often save you thousands if not tens of thousands of dollars in unanticipated expenses by avoiding these properties. Obviously, if the inspection (or other investigations) reveals major problems with the property that the seller is unwilling to deal with; or, it identifies major risk factors that you can’t live with; or, you find that the home will need so much work and expense over time that you just feel it isn’t the right home for you – then walk. But in most cases, this isn’t what is warranted, as the problems can be dealt with or allowances negotiated, and most people proceed with the purchase. Assuming the home has some serious – or just unacceptable – problems you hadn’t anticipated finding, then consider renegotiating to either have the problem repaired o
