Delete Value Choice to the Property Inspection Report and eSign it in minutes

Aug 6th, 2022
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How to Delete Value Choice to the Property Inspection Report

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today were gonna go over the buyer inspection notice sellers response this documents also known as the Ben sir among the real estate community Im Phoenix real estate agent John Cunningham with exp Realty and today were gonna go over the Ben sir and were gonna talk about three things were gonna talk about what its intended to do how to use it wrong and how to use it right so with no further ado let me present to you the Ben sir now this is one that I used for one of my clients we filled it out and had a happy transaction but heres how heres how it usually goes its something like this so youve got four happy parties usually youve got a happy buyer who finally found their house a happy seller who finally found the person to buy their house youve got a happy listing agent who finally has the house under contract and a happy buyers agent who has found their buyer home everybodys happy one big warm fuzzy happy family until this thing comes along in some cases so this document is

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Removing the contingencies happen when everything agreed to comes to fruition. For example, if the seller agrees to everything on the Home Inspection Contingency, then the contingency is removed.
The contingencies are not waived automatically after 17 days. However, elapse of the 17-day period allows the seller to deliver a Notice to Buyer to Perform (NBP) giving the buyer two days to remove contingencies. If the buyer doesnt, the seller may cancel.
You should only remove the loan contingency in a purchase agreement if youre a cash buyer or are absolutely certain you will obtain financing. In real estate, contingencies are a way of allowing the buyer or seller to back out of the deal if certain conditions arent met.
: an event (such as an emergency) that may but is not certain to occur. trying to provide for every contingency. : something liable to happen as an adjunct to or result of something else.
7 tips for negotiating after a home inspection Hire an experienced real estate agent. Only focus on the major repairs. Opt for a credit or price reduction instead. Think long term. Provide supporting documents. Ask for a home warranty. Be reasonable.
Once all contingencies are removed, you are in effect saying you understand and accept the property in its current condition (subject to any agreed repairs by the seller) and are going to close escrow.
Removing the contingencies happen when everything agreed to comes to fruition. For example, if the seller agrees to everything on the Home Inspection Contingency, then the contingency is removed.
Once all contingencies are removed, you are in effect saying you understand and accept the property in its current condition (subject to any agreed repairs by the seller) and are going to close escrow.

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