Request the
seller repair/replace deficient items.
Without a home inspection, the buyer cannot
determine if the property is truly worth the asking price. After
the home inspection the home inspector should spend some time
helping the buyer to interpret the home inspection report. Where
advisable, the home inspector should, if required, recommend any
follow-up inspections by structural, pest, environmental, and
building contractors and other specialists. All these specialists
will observe the condition of the property and identify problems
that require correction, and make recommendations for upgrades and
repairs. If possible, in Massachusetts, the home inspections and
any follow-up investigations should be completed prior to the
execution of the Purchase and Sale Agreement. Make sure the
inspection contingency in the offer agreement does not lapse.
Extensions of the inspection contingency are not unusual and should
be requested in writing and agreed upon by both the seller and the
buyer.
Should the home inspection reveal any major
deficiencies effecting the habitability, function and condition of
the property that requires additional costs to repair or upgrade
then, the buyer can revisit the initial offered terms and purchase
price and renegotiate the terms and the price so that they
realistically reflect the actual condition of the property. The
buyer and the seller must specify in the purchase and sale
agreement any such terms, price and by whom and how the
deficiencies are to be resolved.
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