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  • Buyer's Response To Home Inspection

Get Buyer's Response To Home Inspection

Reby informs the Seller that a home inspection was conducted upon the Property on by . Based upon the Home Inspection Report, the Buyer hereby notifies the Seller of the following response and request for repairs: 1. BUYER'S NOTICE: (Check one) Buyer has reviewed and approves the Home Inspection Report and removes the home inspection contingency. Buyer has reviewed and disapproves the Home Inspection Report for the Property and requests that the Seller perform the following repairs before CO.

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Homebuyers saved an average of $14,000 on the final price of their home when they negotiated after the inspection, ing to a survey from real estate technology company Porch. So, if a home inspection report comes back less than satisfactory, it's in your best interest to negotiate.

Buyer's response must be in writing. Upon Buyer's failure to respond to the Seller's response within the time specified, or Buyer electing in writing to terminate the agreement, the agreement shall automatically ,with no further action, required by either party be null and void except for return of the deposit.

What happens if the seller doesn't respond to the repair addendum? While the time sellers have to respond to a repair request will vary depending on the actual contract, it's usually within a few days. At that time they can accept the addendum, make a counteroffer, or decline to make the repairs.

The standard conditions provide that if the buyer fails to complete after a notice to complete has been served, the seller may rescind the contract, and, if the seller does so, it may forfeit and keep the deposit and accrued interest.

A person is liable to perform agreed-to contract duties until or unless he or she is discharged. If the person fails to perform without being discharged, liability for damages arises.

If the inspection report reveals necessary repairs, then repair credits are usually a good option for both the buyer and the seller. Other options include asking the seller to make the repairs, asking them to lower the sales price, or backing out of the deal (if there's an inspection contingency in your contract).

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232