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First Time Buyers >Inspection Contingencies
Many of today's purchase offers include a contingency clause that allows the buyers to hire a home inspector or professional expert to inspect the property. If there is a significant defect in the property, the buyer can cancel the contract without losing the earnest money deposit. Contingencies are excellent procedures that protects both the buyer and the seller.
The time period for inspection contingencies is negotiable. In most parts of the country, the buyers have about a week in which to cancel the contract if the structural inspection reveals a serious and consequential defect. The positive side to such contingencies is that the inspection usually addresses--and overcomes--the buyers' misgivings, and confirms their decision to move ahead with the purchase.
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| Q |
What amenity do 48% of all homes in the new housing market have?
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| A |
48% of all newly-constructed homes now have 2 1/2 baths or more, up from 1985 when only 29% had more than 2 baths.
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The Jim Buff Team Keller Williams Professionals Realty 86 Asheland Avenue Asheville, NC 28801 Tel: 828-771-2310 Fax: 828-771-2311 Email: email@jimbuff.com
Jim Buff specializes in North Carolina Real Estate and Luxury Homes, Land and Condo sales. Put success on your side, call Jim!

   
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