It is common practice when purchasing a single-family home to include a physical-inspection contingency in the purchase agreement. A contingency is a condition of the purchase. The physical-inspection ...
Buying a home is probably the largest financial commitment most people will ever make. Yet the process is riddled with legal ...
ATLANTA - With today’s shortage of homes for sale, it’s no longer unusual to see several offers submitted to the seller for consideration, but some buyers have decided to make their offers more ...
Also called a "due diligence contingency," an inspection contingency allows the buyer to have a property they're interested in buying inspected by an expert within a certain time frame, generally five ...
You’ve finally found the home of your dreams but, in this market, you’ll likely find out that it’s the home of many other buyers’ dreams as well. Bidding wars are common in today’s white-hot real ...
Common real estate wisdom says it's smart to get a inspection of a property before you buy it. Waiving a home inspection is unadvisable for most homebuyers. But more buyers are taking the risk. More ...
The housing market is so hot that desperate buyers are now dropping contingencies and inspections in the hopes of submitting a winning bid. When 10 people are making offers on the same home, buying it ...
Given a competitive market, did a significant amount of Buyers in Massachusetts waive the Home Inspection contingency as a tactic for their offer to be more favorable? Yes. This led Massachusetts ...