Buyers, sellers both have options when inspection finds problems

Reuben Saltzman, co-owner and president of Structure Tech Home Inspections in Minneapolis, has seen numerous house flips that have plumbing. inspector finds leaks or major problems. Furthermore, to.

If you have an inspection contingency and the mold is revealed as part of the inspection, or if you have a specific mold contingency, you have a bargaining chip. You can ask the seller to reduce the asking price, to fix the problem, or you can choose to walk away from the deal.

The good news is that you have more options than you might. were intentionally misled by the seller, you can file a lawsuit against a contractor, the previous homeowner, or the company that.

The Mets don’t have to be just sellers or just buyers at the trade deadline. They can be both. It doesn’t happen often.

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Even homes that are sold AS IS are subject to a home inspection. But most sellers are not required to make repairs, even upon request. At the time of writing, Elizabeth Weintraub, BRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.

Depending on a number of factors, including the seriousness of the defect, you may have some options. This article focuses on the options for homebuyers who discover home defects after the sale. For related information, see Questions to Ask When Buying a Home and Types of Construction Defects. Disclosing Home Defects: Sellers’ Responsibilities

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When a seller fails to disclose a material, latent defect, that seller is liable for any costs the purchaser has to pay to remedy the situation. This liability extends to the listing agent. Both owner and agent have a duty to not only disclose but to exercise reasonable diligence to discover any latent defects in the property they want to sell.

But timescales vary depending on the buyer’s and seller’s circumstances, plus conveyancing problems can. the house and the inspection is limited to what can be seen through the car window! OK, they.