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Home Purchases Are Getting Canceled at a Record Rate (www.redfin.com)

submitted 23 hours ago by cm0002@lemmy.world to c/usa@midwest.social

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[–] glimse@lemmy.world 3 points 19 hours ago

If owner doesn’t fix problem they can’t sell.

This is incorrect. A bad inspection doesn't prevent the sale, it's to negotiate if issues are found.

I walked away from a purchase because it needed $40k in structural repairs..but the house I bought bad a few thousand in issues. Seller fixed some and I got a closing credit for others. Some stuff I just let go