Things to expect if a Home Will not Pass a Home Inspection


A home inspection is an important part of the process of selecting a house. Having a professional home inspector come in and assess the condition of the home can save you a substantial amount of stress and money. Since you do not formally require to hire someone to inspect the house that you have made an offer on, we advise that you do. A home inspector can discover issues that the average person will not see in a property and will put together the process of what is involved in fixing those problems.

If the home inspection uncovers an unexpected number of problems with the home, from pest damage to structural concerns? You have got a few options if your potential property doesn’t meet your goals.

1. Proceed with the sale and pay for repairs yourself.
If the inspection turns up a number of complications with the home, you might want the home anyways. Just before you come to a decision to take care of any concerns with the home, you ought to read through the inspection report to get a good sense of what needs to be done.

2. Make a deal with the seller.
The majority of the time it's common for buyers and sellers to work together and to negotiate. If structural concerns are discovered within the home or if the house isn’t up to code, it usually is in your best interest to get the seller to cover at least some costs for repairs. A seller may possibly cover expenses in some ways, which include doing the actual repairs.

3. Walk away!
If the cost of these repairs is more than you deem the home is worth. If the contract with a seller had an inspection contingency clause, you have got the option to get away from the deal.

In regards to performing a home inspection, the level of quality of your inspection is only as great as the person who performs it. Ask people if they can suggest an inspector.

Work with the best realtor.
Mike Bolger, Sales Rep
Chestnut Park Realty Southwestern Ontario Ltd.
The Shops at Waterloo Town Square
75 King Street South, Unit 50 
Waterloo, ON N2J 1P2
+1 (519) 616-2656 
http://www.mikebolger.ca/



Location: Waterloo, ON, Canada

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