When Problems Are Found Inspectors commonly find problems in the homes they scrutinize, though they are most often minor. The buyer and seller usually negotiate through these developments, aided by lawyers and real estate agents, and the sale goes through. The seller might agree to fix the problem before closing, or to pay the cost of any necessary repairs. At closing, the escrow company holds back sufficient proceeds to guarantee payment. Often the players agree on a lower sale price to avoid the red tape.
Most sale contracts are contingent upon attorney approval and inspection.
If seller and buyer can't agree on a resolution to problems revealed by an inspection, the deal may fall through. Doing it Yourself The best professional home inspectors carry with them years of experience and an assortment of specialized tools. If you insist on being your own home inspector, you must turn a skeptical eye upon some seemingly innocuous facets of the structure.