home inspections: Are Home Inspections for Renegotiation or Buyer Protection
- 11/30/09 06:06 AM
It's fairly ubiquitous today to hire a licensed home inspector when purchasing a home. This is a good thing. For most folks a home purchase represents the largest amount of money to be spent in their lifetime. The home inspection contingency is typically one of the "big three" contingencies in an offer to purchase. While specific language and format will vary, the basis of a home purchase agreement has, in essence, three components from the buyer's point of view.
We will purchase your home if... You agree to our price We can acquire appropriate financing Upon inspection(s) the home … (103 comments)
It's fairly ubiquitous today to hire a licensed home inspector when purchasing a home. This is a good thing. For most folks a home purchase represents the largest amount of money to be spent in their lifetime. The home inspection contingency is typically one of the "big three" contingencies in an offer to purchase. 
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