Credits are a negotiated discount to a purchase price as a result of a defect discovered during an inspection (or other investigation into the quality of the property being purchased). For instance, if an inspection reveals an undisclosed defect in the roof that will require replacing it, a buyer can ask for the repair cost to be credited to the final purchase price. In many cases, sellers will elect to make repairs rather than grant a credit (or refuse altogether, which may give the buyer the right to walk away from the deal if permitted by an inspection contingency clause to a contract).
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