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Updated about 5 years ago on . Most recent reply

User Stats

53
Posts
11
Votes
Davidson Francois
  • Miami, FL
11
Votes |
53
Posts

Would you walk away?

Davidson Francois
  • Miami, FL
Posted

If my offer was accepted but the home inspection came back not so good, Should I renegotiate a lower offer price? Negotiate concessions that I'm happy with? or simply just walk away? What do you guys think?

Most Popular Reply

User Stats

146
Posts
126
Votes
Kase Knochenhauer
  • Rental Property Investor
  • Grand Haven, MI
126
Votes |
146
Posts
Kase Knochenhauer
  • Rental Property Investor
  • Grand Haven, MI
Replied

@Davidson Francois - I LOVE bad home inspections! That means that the seller has to start disclosing any newly found issues to their next buyer.

Take your time to negotiate the deal and see if you can come up with a acceptable price for both parties.

As @Frank Procopio mentioned, unseen/hidden inspection issues (Septic, Well, structural, plumbing, etc) will offer you the greatest chance to negotiate. Problems that were clearly known won't give you any leverage with the seller.

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