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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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What structure is regarded as the best surviving example of Pennsylvania Dutch architecture?
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| A |
The Georg Muller House in Milbach, PA, built in 1752. |
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Chuck Wartman
RE/MAX Properties, Inc.
1740 Chapel Hills Dr.
Colorado Springs, CO 80920
Office: 719-231-5525
Fax: 719-598-9308
chuckwartman@NUMBER1EXPERT.com
Hello! My goal is to build trusting relationships with my clients so they understand I am behind them throughout the entire process. I believe that hard work, open communication and dedication are they key ingredients in being successful.   
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