Negotiating after a home inspection can be a delicate process. Here are some tips to help you navigate this stage effectively:

Ask for a Credit: Sellers are often focused on moving out rather than making repairs. Consider asking for a closing credit instead of negotiating a lower purchase price. This credit can reduce your upfront expenses, allowing you to handle repairs yourself.

Don’t Reveal Your Hand: If the seller’s agent is present during the inspection, avoid showing too much enthusiasm for the property. Expressing satisfaction could weaken your negotiation position later.

Be Prepared for Anything: Until the deal is finalized, anything can happen. Stay vigilant and remember that the initial contract is just the beginning.

Focus on the Essentials: Cosmetic issues like paint or minor damages are typically not worth negotiating over. Concentrate on major issues related to HVAC, electrical, or plumbing.

Avoid Sending the Entire Inspection Report: Sending the full report to the seller could complicate matters and upset the seller and their agent. Instead, focus on addressing major structural or functional issues.

Obtain Bids from Contractors: Instead of sending the inspection report, consider getting bids from contractors to show the true cost of repairs. However, be mindful of upsetting the seller with multiple contractor visits.

Stick to Your Guns: Be realistic in your negotiations and push for a closing cost credit rather than a price reduction if possible. Stick to your priorities and aim for a resolution that benefits you financially.

By following these guidelines, you can navigate the negotiation process after a home inspection with confidence and achieve a favorable outcome.