Articles tagged: Home Inspection Clause
<< previous page 1 next page>> written by RE Writer When you're buying a house, a home inspection should be one of the main ingredients in the final contract. Much like an appraisal, a home inspection will result in a detailed report that you can share with your team and use as a tool in final negotiations. If your contract with the seller includes a "general inspection clause", and the report turns up major repairs, you can choose to renegotiate the deal or back out of it altogether. These days, most buyers opt to fork over the money for this priviledge.
written by RE Writer Unlike an appraisal, a home inspection isn't required by the banks or the government when you buy a house. But when you're bugeting your closing costs, it shouldn't be something that you scrimp on. A home inspection is an important step that could tip you off to present or future problems with the building and save you from making a huge mistake. Buyers who want to cover all their bases before they're locked into their mortgage will ensure that a "General Inspection Clause" makes it's way into the final contract and that they have a report from a reputable professional or agency before they lock themselves into any deal. << previous page 1 next page>> |