What if major issues are found during inspection?
Quick Answer
Short answer: You can withdraw under the inspection condition, negotiate, or accept as-is.
Detailed Explanation
If the condition hasn't been waived, buyers may terminate via a Notice of Non-Waiver—deposit refunded. Alternatively, parties renegotiate price or repairs. Lenders may require proof of remediation for structural or safety hazards before funding.
- Inspectors' liability limited to fee paid—purchase insurance for bigger coverage
- Ask for seller-paid structural engineer if foundation concern
- Document all defects for future warranty claims
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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