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When to Walk Away Following a Home Inspection?

You may be wondering when it’s in your best interest to walk away following a home inspection, and many indicators reveal that the home you are looking to buy is unsuitable for habitation.


Some minor issues are to be expected and normal, but if there are too many of them or any major issues are revealed following a home inspection, you should consider walking away from the deal.


Let’s explore when it is appropriate to walk away from a property transaction.


1. Damaged Roof Structures

It may not be a serious issue if a property’s roof is missing some shingles or growing a bit of mold, but they are indicators that the seller did not put in any effort to make the home more habitable for the buyer.


If there are any leaks or problems with water penetration, it may be reasonable to walk away from a property transaction, especially if the seller is unwilling to take any responsibility and invest in repairs or roof replacement.


Roofs can be costly to repair and replace, which is not a burden the buyer should bear and is an important reason why buyers cancel deals.


2. Faulty Wiring

Wiring issues are fairly common following a home inspection, and outdated wiring can be a major problem that has the potential to cause fires in the long run, indicating that the seller is not serious about inspecting their home before putting it up for sale.


It may be a deal breaker for many buyers if the seller is unwilling to fix the wiring issues, which are costly to repair.


As long as the seller is willing to take responsibility for repairs and replacements following a home inspection, it should not be a major cause for concern.


3. Broken Plumbing

Plumbing issues can be serious because they are often internal and foundational, resulting in major expenses for the buyer if they are not addressed forthrightly by the seller.


Plumbing issues can result in water leaks within walls and damage the home’s interior, resulting in high costs for the buyer looking to move in.


Any underlying problems are quickly revealed following a home inspection, which may come as a surprise to the seller, but they are often already aware of any water-related issues, so it may be a red flag if they act surprised or do not take the problem seriously enough.


4. Heating System Issues

Heating system problems are often revealed after a home inspection, which is a serious problem if you’re planning to live in a cold region.


Replacing water heaters is expensive and not your responsibility as a buyer, meaning you should ask the seller to fix the issue themselves before it’s acceptable for you to buy the home.


Final Verdict

Home sellers often take responsibility for any issues that arise following a home inspection, which means that there’s no real reason to walk away from a property transaction if they are willing to take responsibility and cover all of the costs for repairs and replacements.


However, some sellers don’t want to put in any money or effort for repairs, which is when you know you should walk away from the deal.


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