Not exact matches
They're so common that purchase offers are typically
written with a contingency
clause stating that the offer is subject to a satisfactory
inspection by a licensed
home appraiser.
Definition: A
home inspection contingency is a
clause written into a real estate contract that gives the buyer the right to have the house inspected by a professional inspector within a certain period of time.
They're so common that purchase offers are typically
written with a contingency
clause stating that the offer is subject to a satisfactory
inspection by a licensed
home appraiser.
At a minimum,
home buyers should include in their
written purchase offers contingency
clauses for 1) a satisfactory appraisal of the
home for at least the offered purchase price, and 2) professional
home inspection.