1 minute read

My offer is accepted

HOME INSPECTION — CONTINGENCY #1

Five Areas To Consider When Choosing A Home Inspector

1. Qualifications — determine what’s included in your inspection and if it warrants specific certifications/specialties.

2. Sample Reports — request a sample to determine their style.

3. References — request contact information from past clients.

4. Memberships — not all inspectors belong to national/state associations, but memberships often mean additional education.

5. Errors & Omission Insurance — determine what the liability of the inspector or company is once the inspection is over.

HOME INSPECTION TIPS & STEPS

• Talk with your inspector about also attending the home inspection.

• You will receive a detailed inspection report.

• This report will be forwarded to your attorney. They will notify the seller attorney of deficiencies and will request to repair or credit

ATTORNEY REVIEW — CONTINGENCY #2

• Attorney will review the accepted sales contract and handle legal notifications of inspection issues.

• Attorney will attend closing to review all documents with you.

MORTGAGE CONTINGENCY — CONTINGENCY #3

• Apply for written mortgage application.

• Provide evidence of a written mortgage commitment letter (clear to close).

This article is from: