Imagine you've found the perfect home. You love it. You've made an offer that's been accepted. So far so good! The only catch? You've wisely made the offer conditional on passing a professional home inspection. What happens if that home inspection reveals a major issue?


First, you should know that, depending on the age of the property, a home inspection will typically turn up at least a few areas of concern. A home inspector will not be able to see beneath the floors and they don't have x-rays to see through walls, they won't move sellers' furniture or remove the carpet. It is important for the prospective home buyers to understand the limitations of home inspections in order to have the proper expectations.
The sellers have a legal obligation to disclose certain information to a buyer in the contest of a real estate transaction in Ontario but there are things that might not be obvious or there may be defects that the sellers are unaware of.
The home inspection covers a large array of aspects of a home. The inspector might find loose insulation in the attic that is thinning out or roofing shingles that will need replacing in two or three years. Issues like those are not usually deal-breakers. However, if the home inspector finds a major issue — such as old wiring that's worn and presents a safety concern — then you're facing a potentially high cost of repair should the deal go through.

In a situation like that, as your real estate agent, I will address the issue with the seller, usually through the seller's agent. Since neither of you, buyers and sellers will want to lose the deal, the sellers often agree to get the repair done at their own expense or, have some or all of the estimated repair cost deducted from the sale price.
Will the deal be in jeopardy? Usually not.
In most cases, if you have a real estate agent like me working in your best interests, it all works out.

Give me a call any time if you have questions. 647-261-1405. Happy to help you out!