After the inspection, we will go over the inspection report together. For example, say that the Inspector goes to see the home and finds a hole in the roof, or finds that the heater doesn’t work (which we might not have otherwise noticed), then you have a couple of options. If there is a major issue, I typically recommend that you ask the Seller to correct it. As we mentioned earlier in the process, the Seller will often be more committed to helping you at this point since they have a Contract in hand, and they’ve probably already began to make moving arrangements. They’ll probably realize that if they don’t fix this problem for you, then they’ll have to fix it for someone else later anyway, so it is in their best interest to cooperate. Sometimes, however, the Seller’s do not want to make any repairs.

In that case, you may be able to negotiate a lower price, or additional seller contributions. If none of those are options, then you have the option to buy the home as it is, or, if you’re still in your Option Period, to cancel the contract. All of this will be handled through written amendments to the original contract.

Once both parties have re-accepted the contract, we will provide the Amendments to the Title Company, and then we’ll wait for the final walkthrough. At this point, there usually won’t be too much more for you to do except wait.