What is what to do when a home inspection comes back with issues?

Okay, here's information about what to do when a home inspection comes back with issues, in markdown format with the requested links:

When your home inspection report reveals problems, don't panic! It's a common part of the home buying/selling process. Here's a breakdown of what to do:

1. Review the Report Carefully: Go through the entire report thoroughly. Understand the severity of each issue. Differentiate between minor cosmetic flaws and major structural or system deficiencies. Pay special attention to sections like the roof, foundation, electrical, plumbing, and HVAC systems.

2. Prioritize the Issues: Not all issues are created equal. Focus on critical items that could affect your safety, the home's structural integrity, or represent significant future expenses. These are typically health hazards, safety hazards, or very costly repairs. Think about issues that violate building codes or safety regulations.

3. Get Expert Opinions: If the report identifies issues you're unsure about, consider getting additional opinions from qualified contractors or specialists. For example, if there's a potential foundation problem, consult a structural engineer. If you are not familiar with the subject you can search for it on the internet for example "https://www.google.com/search?q=find+a+structural+engineer"

4. Negotiate with the Seller: This is where you can leverage the inspection results. You generally have a few options:

   • Request Repairs: Ask the seller to fix specific issues before closing. Be reasonable and focus on the most important items. If the seller agrees, make sure to get a written agreement detailing the scope of the repairs and who will perform them.
   • Request a Credit: Ask the seller to provide a credit at closing to cover the cost of repairs. This allows you to handle the repairs yourself after you move in.
   • Reduce the Purchase Price: Negotiate a lower purchase price to reflect the cost of the necessary repairs.
   • Walk Away: If the issues are too significant or the seller is unwilling to negotiate, you may have the option to terminate the contract, depending on the terms of your agreement. Consider consulting a real estate attorney.

5. Get it in Writing: Whatever you agree on with the seller, make sure to get it in writing as an addendum to the purchase agreement. This will protect you later on.

6. Consider a Re-Inspection: After repairs are completed by the seller, it's a good idea to have the repairs re-inspected by the original inspector (or another qualified inspector) to ensure they were done properly.

Important Subjects:

• Understanding the inspection report and prioritizing issues: Understanding%20the%20Home%20Inspection%20Report
• Negotiating%20repairs%20or%20credits with the seller.
• Consulting%20with%20Specialists (e.g., structural engineers, electricians).
• Reviewing%20the%20Purchase%20Agreement for your rights and options.
• Home%20Inspection%20Contingency and options for recourse.

Remember to consult with your real estate agent and/or a real estate attorney throughout this process. They can provide valuable guidance and protect your interests.