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Can You Lower Your Offer on a House?

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After conducting a home inspection, you may uncover issues that weren't apparent during the initial viewing. In such cases, you might wonder if it's possible to renegotiate the price of the house. 

Vermaak Properties advises buyers to approach post-inspection negotiations with caution. While it's acceptable to request repairs or concessions for significant issues discovered during inspection, lowering your offer solely based on minor defects may not always be feasible. Effective communication and cooperation between buyers and sellers are key to reaching a fair resolution. 

By understanding your rights and responsibilities, you can navigate post-inspection negotiations confidently and ensure a satisfactory outcome for all parties involved.

Author: Slate Volschenk

Submitted 27 Mar 24 / Views 114