What is a common outcome after a property inspection?

Prepare for the Colibri Real Estate Exam. Study with flashcards and multiple-choice questions, each with detailed hints and explanations. Get ready for your exam!

A common outcome after a property inspection is that a buyer may request repairs or credits based on the findings. When a buyer conducts a property inspection, they are looking to identify any issues or defects that could affect the property's value or their decision to purchase. If the inspection reveals necessary repairs or significant concerns, the buyer has the right to negotiate with the seller, either asking for the repairs to be made before closing or requesting a credit or a reduction in the purchase price to account for the cost of those repairs.

This process is a crucial part of real estate transactions, as it ensures that the buyer is making an informed decision about the property condition and protects their investment. The ability to negotiate after an inspection allows for clear communication between the buyer and the seller and can facilitate a smoother transaction overall.

The other outcomes listed do not reflect common practices related to property inspections, illustrating why they do not represent favorable or standard results of this process.

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