Design Due diligence Earnest money deposit Inspection 
HomeLight
JANUARY 26, 2024
For this reason, most contracts contain an inspection contingency clause. But what happens if the inspection contingency expires? If this contingency period lapses before you’ve finalized your decisions, will you lose your deposit? Get Started How does an inspection contingency work? Will you lose the house?
Realty Biz
FEBRUARY 20, 2021
Home inspection: often called a due diligence contingency, will give the buyer rights to have the house inspected. Most buyers will have a home inspection contingency in their contract. This could involve losing part or all of your earnest money deposit.
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Redfin
JUNE 21, 2023
From relationship building to conducting due diligence, you’ll be equipped with the knowledge and strategies to enter the world of real estate investing and buy your first investment property with ease. Never buy a property without having an inspection A home inspection is pivotal in identifying potential flaws within a property.
HomeLight
OCTOBER 17, 2022
These legally-binding requirements are designed to enforce transparency in the dealings so as to avoid physical or financial harm to the parties involved. Georgia home sellers are obligated to inform buyers of any known material defects in the home’s condition that would not be found by a buyer upon reasonable inspection.
The Close
DECEMBER 29, 2022
A contingency might be the buyer selling their current house, requiring certain repairs to be made, or obtaining a clean termite inspection. Don’t you love it when the co-borrower is the client’s dad who comes along on the inspection and is suddenly an expert on chimney engineering? Due diligence period. Home inspection.
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