Can I renegotiate the price after inspection?
Quick Answer
Short answer: Yes—submit an Amendment reducing price or requesting repairs before waiving the condition.
Detailed Explanation
Alberta's resale contract allows buyers to amend terms up to the inspection-condition deadline. Typical tactics: seller credit, price reduction equal to repair quotes, or seller-completed work with paid receipts. If agreement isn't reached, buyers may deliver a Non-Waiver and recover their deposit.
- Provide written quotes to support your ask
- Focus on safety or structural defects—cosmetic fixes seldom win
- Keep amendments reasonable to maintain goodwill
Disclaimer: This page is for general information only and does not constitute legal, financial, or real estate advice. Always verify details with a licensed Alberta REALTOR®, mortgage professional, or lawyer before making decisions. Buy in Edmonton assumes no liability for actions taken based on this content.
Tim Grover, RE/MAX Excellence • 780-288-5144 • 5607 199 Street NW, Edmonton, AB
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