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Elizabeth Weintraub

Don't Buy Without a Home Inspection Contingency

By February 11, 2013

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It used to be that buyers never thought about asking for a home inspection contingency, but nowadays it is expected.

It doesn't matter if you're trying to buy a brand new home or an older home, you should always request a home inspection contingency in the purchase contract. You need the right to be able to thoroughly inspect the property for defects and to get a good understanding of the condition of the home you are buying. The contingency gives you the right to cancel if you find problems that you were not anticipating or do not want to handle by yourself. In some instances, you can ask the seller to make repairs or adjust the sales price but sellers are under no obligation to agree.

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As of this writing, Elizabeth Weintraub is a Broker-Associate, DRE #00697006, at Lyon Real Estate in Sacramento, California.


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