In some cases, the results of your home inspection may give you a little leverage with the seller for further price negotiations if there were undisclosed items that were discovered. The report from your inspector will list at least a few repairs or replacement items needed in the home. You and your real estate agent will then discuss if you should try to negotiate a lower price or credits toward the costs of the repairs. It is best to get a price reduction or credits and handle the repairs yourself to insure they are done according to your standards of quality. But asking for this price reduction does not mean the seller will agree. If they do not agree, you have two choices: continue with the purchase as previously agreed upon, or walk away from the deal on the grounds that you don’t accept the home’s repair issues.
If you have a real estate agent working on your behalf, the actual back and forth work of negotiations is being handled for you. If you choose your agent wisely, you can trust in the fact that you have an experienced processional working to get you the best deal possible.