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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 is currently the most technologically advanced way to vacuum your home?
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| A |
The self-propelling Dyson DC06 scans and maps a room with sensors and is controlled by built-in computers that prevent it from falling downstairs. |
 See More Real Estate Trivia > |
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Thomas R. Gross
RE/MAX Action Realty
1126 Horsham Rd.
Maple Glen, PA 19002
Office: 215.358.1100 x1155
Direct: 215.358.1155
Cell: 215.450.9323
Fax: 215-358-1154
Email: pennahomes@NUMBER1EXPERT.com
Come home to a new level of real estate comfort with one of America's NUMBER1EXPERTS™ in the Horsham area, Thomas R. Gross. I am in the top 1% of all REALTORS® nationally, servicing all of Bucks and Montgomery County, Pennsylvania. Just call or email me!
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