After inspection

 

Once you have the results of your home inspection, you have several options:

If the problems are too significant or too expensive to fix, you can choose to walk away from the purchase, as long as the purchase contract has an inspection contingency.



For problems large or small, you can ask the seller to fix them, reduce the purchase price, or to give you a cash credit at closing to fix the problems yourself - this is where a home

       inspection can pay for itself several times over.

 

If these options aren't viable in your situation (for example, if the property is bank-owned and being sold as-is), you can get estimates to fix the problems yourself and come up

       with a plan for repairs in order of their importance and affordability once you own the

       property.