What to Do After a Home Inspection
Once you have the inspection report, you should carefully review it. If you find any problems that you are concerned about, you should contact a contractor to get an estimate for repairs.
You should also discuss the inspection report with your real estate agent. They can help you understand the findings and negotiate a lower price on the home if necessary.
A home inspection is an important part of the home buying process. By following these tips, you can make sure that you are fully informed about the condition of the home before you make an offer.
Here are the steps on what to do after a home inspection:
Read the report carefully.
The inspection report will detail everything that the inspector found, including any potential problems or hazards. Take your time to read through the report and understand what it all means.
Discuss the report with your real estate agent.
Your real estate agent can help you understand the report and explain any terms or jargon that you don’t understand. They can also advise you on how to proceed, such as whether to negotiate with the seller for repairs or to walk away from the deal.
Negotiate with the seller.
If the inspection report reveals any major problems, you may want to negotiate with the seller to have them make the repairs. You can also ask the seller to lower the purchase price of the home to compensate for the cost of repairs.
Get everything in writing.
Once you have reached an agreement with the seller, make sure to get it in writing. This will protect you in case there are any problems down the road.
Close on the home.
Once all of the negotiations are complete, you can close on the home and move in.
Here are some additional tips for what to do after a home inspection:
Get a second opinion.
If you’re not sure about something in the inspection report, you can always get a second opinion from another inspector.
Don’t be afraid to walk away.
If the inspection reveals major problems that you’re not comfortable with, don’t be afraid to walk away from the deal. There are plenty of other homes out there.
Be prepared to pay for repairs.
Even if the seller agrees to make repairs, you may still have to pay for some of them. This is because the seller is only responsible for major repairs, not minor ones.
Get everything in writing.
This is especially important if you’re negotiating with the seller for repairs. Make sure to get everything in writing, including the specific repairs that will be made, the timeline for the repairs, and who will be responsible for paying for the repairs.
By following these steps, you can ensure that you’re making an informed decision about whether or not to purchase a home after a home inspection.