After the Inspection

Select an option to see what it means for your client

  1. 1Buyer provides the seller with a written list of inspection objections within the contingency period
  2. 2Buyer formally terminates the purchase and sale agreement
  3. 3Earnest money is returned to the buyer per the contract terms
Agent Note
When to advise this path: major structural findings, a seller unwilling to negotiate, or repair costs that exceed the buyer's budget or risk tolerance.
  1. 1Buyer accepts the property in its present condition without requesting repairs or credits
  2. 2The inspection contingency is removed and the transaction moves toward closing
  3. 3Buyer plans and budgets for any repairs after taking ownership
Agent Note
Best suited for competitive markets, properties already priced to reflect condition, or when findings are minor and the buyer is motivated to close.
  1. 1Buyer submits a written repair request or asks for a closing credit equal to the estimated repair cost
  2. 2Seller can agree, counter with a partial concession, or decline
  3. 3If no agreement is reached, the buyer may accept as-is or exercise their right to terminate
Agent Note
Credits are often preferable to repairs — the buyer controls the work quality after closing. Get at least one contractor estimate before submitting a repair request.