Tuesday Tip: Inspection Periods & Contingency Removals

When you buy a home or sell a home, once the terms are agreed upon and the contract is signed, there is an inspection period where the buyer gets to inspect the home, usually with a professional home inspector, so they understand the house – the good and the bad – and what exactly the are buying. The inspection period typically is about 14 days allowing time for people’s busy schedules. We try our best to shorten that period so that a seller’s home is not off the market should the deal fall through. During this inspection period, the buyer can walk away from the deal with their deposit money returns in most situations.

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