Feeds:
Posts
Comments

Archive for July, 2011

Does the Buyer Have a Right to a Home Inspection?

No.

You have the right to bear arms, you have the right to free speech and assembly… There is no right to a home inspection in a real estate transaction. There is, however, a legal obligation to live up to the terms of the fully executed purchase agreement (not a lawyer).

The offer to purchase will either be contingent on a home inspection or it won’t. If the offer isn’t subject to a home inspection, then the seller doesn’t have to let the buyer inspect. In fact, the seller shouldn’t let the buyer inspect. Sometimes a buyer will waive the inspection contingency to make their offer stronger. But those terms should be spelled out in the purchase agreement.

For Sellers

For Buyers

Search the MLS

What is a Home Warranty and Who Pays for it?

What Happens if the Appraisal is Low?

More About Home Inspections

Jackie Hawley
Keller Williams Realty, Clarkston MI
cell: (248)736-6407
email:
Jackie@JackieHawley.com or Jackie@MiRelocation.com

www.Mirelocation.com

Advertisements

Read Full Post »