If the inspections uncover serious issues or significant safety concerns, the buyer can choose to walk away from the purchase. The buyer may request the seller to repair or replace the uncovered issues. In other cases, the buyer and the seller may renegotiate the purchase price to reflect the emerged defects.
The home inspections are for informational purposes; the goal is for the buyer to understand the home and any issues or concerns as well as maintenance requirements of the home. Every home will have a pool of details that require attention. If, however, the inspectors uncover undisclosed safety concerns or expensive necessary repairs like roof replacement or failing furnace, then the findings are used to renegotiate the price.
If a buyer completes the inspections and asks for a mutual release of contract within 3 calendar days of inspection, the earnest money deposit is returned to the buyer.