Let’s get down to the basics. A home inspection in glen ridge nj does not require you to pass or fail.
This information is meant to help you better understand the home you are buying. It is up to you to decide what you do with this information. These are the steps you need to take after receiving your inspection results.
Ask the seller for repairs.
After the report has been compiled, you may find significant issues that must be addressed before moving in. If high radon levels are found during an inspection, you should not move without taking care of the radon. A radon mitigation system should be installed, and any cracks must be sealed.
Because it is such a major issue, the seller may be willing to repair these problems. It is also important to repair any structural issues, such as a damaged roof or wall, that may be present in the house.
Negotiate the house’s price
You could use the home inspection report to negotiate the purchase price. The seller could be asked to deduct all repairs from the sale price. You will need to do your research to make a strong argument. You should find out the labour and materials costs for each repair and then negotiate.
Sellers will often lower the cost of repairs to avoid delays or hassle. Some buyers prefer to have the repairs done by themselves to meet their standards.
Modify the deal
A home inspection is usually required when the buyer makes an offer but has not yet closed the deal. A contingency clause in your contract might allow you to cancel the deal if the home inspection results don’t match your criteria.
It’s not a pass or fails the test. Each homebuyer will have their own set of criteria. One buyer may consider something a deal-breaker, but another might not care.
Keep the bigger picture in your mind. Although cosmetic repairs such as peeling paint might not look appealing, they do not affect the house’s health. It’s better not to get distracted by “bad” elements and focus on structural problems.
Proceed with the transaction
You can continue the transaction as it is. The house may have some issues, but the seller might not agree to lower the price. However, the seller may offer concessions or repairs. It would be best if you did not hesitate to purchase the home as long as the house is safe and comfortable.
However, the inspection may reveal minor issues that you are okay with. This is a positive outcome. You can be confident that you have made the right choice as long as your home inspector is impartial and experienced.
