If a buyer is unsatisfied with the results of a home inspection, what options are typically available under an inspection contingency?
Correct Answer
B) The buyer may cancel the contract or negotiate repairs and concessions with the seller
Under an inspection contingency, if the buyer is unsatisfied with the inspection results, the buyer typically has the right to cancel the contract and receive their earnest money back, or to negotiate with the seller for repairs, credits, or a price reduction.
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