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First Time Buyers >Inspection Contingencies

Many of today's purchase offers include a contingency clause that allows the buyers to hire a home inspector or professional expert to inspect the property. If there is a significant defect in the property, the buyer can cancel the contract without losing the earnest money deposit. Contingencies are excellent procedures that protects both the buyer and the seller.

The time period for inspection contingencies is negotiable. In most parts of the country, the buyers have about a week in which to cancel the contract if the structural inspection reveals a serious and consequential defect. The positive side to such contingencies is that the inspection usually addresses--and overcomes--the buyers' misgivings, and confirms their decision to move ahead with the purchase.

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Q	What did 75% of 10,000 buyers surveyed by the NAR list as their top reasons for selecting a Real Estate Professional?
A	Knowledge of the housing market, knowledge of real estate practices and financing, and familiarity with neighborhoods.
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The Stafford Team, REALTORŽ, real estate agents and broker for Denton, Flower Mound and North Texas Country Properties Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Stafford Team
Keller Williams Realty
2434 Lillian Miller Parkway
Denton, TX 76205
Tel: 940-594-7253
Fax: 940-382-2773
Email: CharlesandDebbie@NUMBER1EXPERT.com
The Stafford Team has consistently been ranked the #1 team for the Texas and Louisiana Region. This high performance award is an outstanding achievement. With the combined 40 years real estate experience, dedication, commitment to excellence, marketing savvy, familiarity of the area communities, professionalism, vast real estate knowledge, and quality customer care service, the Stafford Team outshines all it's competition. The key to their success lies in their ability to focus on the needs, wishes, and desires of their customers and to dedicate themselves to responding and servicing those needs. Call and let us help you achieve your real estate goals!

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