Got A Bad Inspection Report? Now What?

Follow these tips after a poor inspection report when looking for your next house.

Home inspections are a vital part of the home buying and selling process. While sellers should get an inspection before the house hits the market, buyers should get their own inspection to ensure that they are investing in the right house. While a poor inspection report may seem daunting as a buyer, it does not mean the home sale has to go south. Keep these tips in mind to help you handle a bad inspection with your dream home.

  • Take the time to figure out if the house is actually worth it. Decide how much work you are willing to put into the house after you close escrow, when it comes to both inconvenience and cost.
  • Get bids from at least three different contractors for how much it will cost to repair the issues. Getting bids will not only be useful for your own information, but it will also help you better negotiate with the seller. Talk with the inspector to figure out what repairs need to be done immediately and which can be done over time.
  • Work with your real estate agent to request for the seller to pay the closing costs so that you have the funds needed to make the necessary repairs. Figure out which strategies will help to reduce your overall costs.
  • After you renegotiate with the seller, figure out if you are truly satisfied with the terms of the purchase and the condition of the property. If you are not completely satisfied and do not think that you will have the time or money to get the property where it should be, consider moving onto another property.

Contact professional Realtor Cary Amo in Lafayette, California for help finding the right house, even if it takes some tough negotiating.

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