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 ...
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 ...
Kim Porter is a freelance personal finance writer. She has written about personal finance topics for AARP Magazine, Bankrate, Credit Karma, NextAdvisor, U.S. News & World Report, Reviewed, Credit ...
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 ...
SEATTLE, July 28, 2020 /PRNewswire/ -- (NASDAQ: RDFN) — 19.9% of successful offers submitted by Redfin agents in select major U.S. markets waived the inspection contingency in June, compared with just ...
For anyone buying or selling a home in Minnesota, heads up: the Minnesota REALTORS® Forms Committee has revised the Inspection Contingency form, which is typically what gets used when writing an offer ...
I have an offer on a home. I did use the inspection contingency. There was a misunderstanding between myself and the Realtor. I thought the Realtor was going to order the home inspection and the ...