The inspection report is your opportunity to negotiate additional concessions from the seller. If the seller is really motivated to complete the deal, he will not want to let the inspection report stop it from happening. If the inspection uncovered any major problems that you were unaware of, you may want to walk away altogether. It is more likely that the report will uncover some things that will get the seller to agree to drop the price a little more. If the seller has reached his lowest price limit, and refuses to come down any further you will have to decide whether it is worth it for you to proceed.

When everything has been agreed to, and all of the inspections have been completed, and any contingencies have been met, then, and only then, you have a deal. You are now ready to proceed to the next step and close escrow.

Stay Tuned for More!

Vicki Irvin

Real Estate Investment Queen

http://www.mdfreecd.com

http://www.therealestateinvestmentqueen.com