Yes, a buyer may be able to cancel because of the home inspection if an applicable inspection or investigation contingency remains in effect and the buyer exercises that contractual right…
If the inspection finds a major problem, the seller should first determine what was actually discovered before deciding how to respond. A serious finding can lead to further evaluation, a…
Yes. After a home inspection, a buyer can ask the seller for a credit instead of asking the seller to complete repairs before closing. The seller can agree, decline, or…
Yes. A buyer can ask to renegotiate the price after the home inspection, but the inspection does not automatically reopen the agreed purchase price. The buyer can propose a reduction…
No. A home seller generally does not have to fix every condition a buyer or inspector identifies simply because it appears in an inspection report. The buyer can raise concerns…
After the buyer inspects your home, what happens next depends on what the buyer found and how the buyer chooses to respond. The buyer may accept the property as it…
If the buyer does not close escrow on time, the transaction does not necessarily end automatically. For the seller, the immediate issue is to determine why closing did not occur,…
When a buyer removes a contingency, the transaction passes an important contractual checkpoint. The buyer proceeds without the contractual protection associated with that particular contingency and can no longer rely…
A Notice to Buyer to Perform is a written notice used when a buyer has not completed certain obligations required by the purchase agreement. For a California home seller, the…
When a buyer misses a contract deadline, the consequence depends on what the buyer was required to do and what the purchase agreement says should happen next. A late deposit,…
