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We recently purchased a home contingent on a home inspection. The home inspection revealed structural water damage to the floor joists, basement dampness, and small leaks in the roof. We want to terminate the agreement, but the seller is willing to make the repairs. Furthermore, the seller never disclosed the existence of these problems. How can we break this deal?

If your contract was contingent not only upon completion of the home inspection but your full approval of the results of the home inspection, then you can cancel the contract....