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Buying
The buyer will gain useful knowledge of many intricate details pertinent to owning and keeping a home.
You've finally found the property you want, negotiated a contract and struck a deal. Now it's time to have the property inspected. An inspection will allow a qualified professional to take an objective look at the current condition of the property and prepare a report.
Why have the property inspected? You are about to engage in a significant financial transaction, an investment most likely. You want to make sure the merchandise is in good condition.
If you have made an offer on a property, you should have included a clause in the purchase agreement that allows you to void the offer if the inspection turns up a major problem. This is called an "inspection contingency" clause. You may find it necessary to submit a new offer based on the information received from the inspection.


