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Once the seller receives the request for repairs they can:
• Agree to the requested repairs
• Refuse to do any or all of the repairs
• Offer a monetary amount in lieu of making repairs
Just like the original contract, a request for repairs can have several counter offers made before an agreement is made. Again it’s important to realize that once the parties come to an understanding, then the home inspection contingency is removed and the buyer cannot use that as a reason for cancellation without a possible monetary penalty.
Home Buying Guide
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