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Updated almost 6 years ago, 03/13/2019

User Stats

4
Posts
0
Votes
Melvin Brown
  • Rental Property Investor
  • Killeen, TX
0
Votes |
4
Posts

Is it common to pay a seller for a home inspection contingency?

Melvin Brown
  • Rental Property Investor
  • Killeen, TX
Posted

I was told I needed to pay $100.00 (non refundable) directly to the seller in order to cancel the sale or renegotiate if the inspection reveals a major problem with the property. I also put in the contract that I would not try to renegotiate over minor issues such as carpet replacement or cosmetic issues.

Thanks in advance,

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