Easily Insert Option Choice from the Property Inspection Report

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How to Insert Option Choice from the Property Inspection Report

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[Music] hi im ben gromicko from internachi and today were gonna do a home inspection and what I want to do is show you how I do a home inspection and how I write an inspection report and the cool thing is Im gonna show you how I write an inspection report using my iPhone because my software is on my phone let me show you how I take pictures and videos how I create a summary really quick and how I find defects from my client okay so the first thing I do when I pull up during an inspection is well Im here early so Im gonna see if anyone is inside and Ill knock on the door but Ill get ready for my client to pull up just like I did and Ill have my business cards ready and a big smile for a really good first impression okay so lets knock on the door see if anybodys home and then well get to our equipment like unloading my ladder and my tool bag and Ill show you whats in my tool bag as well okay lets go okay so no ones home but we have access to the property so were gonna hav

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How could a home inspection help a buyer at closing quizlet?

Inspections are an important way that buyers protect themselves on the purchase of a property. If there are problems with the home found through inspections, the seller and buyer may negotiate repairs or the buyer may be able to cancel the deal.

What is an example of a contingency clause in real estate inspection?

Contingencies can include details such as the time frame (for example, the buyer has 14 days to inspect the property) and specific terms (such as, the buyer has 21 days to secure a 30-year conventional loan for 80% of the purchase price at an interest rate no higher than 4.5%).

What is an example of a contingency clause?

A contingency clause often states that your offer to buy property is contingent upon X,Y, Z. For example, the contingency clause may state, The buyers obligation to purchase the real property is contingent upon the property appraising for a price at or above the contract purchase price.

What is an inspection contingency in a real estate sales contract provides that?

An inspection contingency requires a professional home inspection within a certain time frame before a real estate contract can become binding. It ensures that the buyer receives vital information and allows them to negotiate repairs, sale price, or even walk away with their earnest money altogether.

What is an example of a home inspection contingency?

Contingencies can include details such as the time frame (for example, the buyer has 14 days to inspect the property) and specific terms (such as, the buyer has 21 days to secure a 30-year conventional loan for 80% of the purchase price at an interest rate no higher than 4.5%).

What is the biggest reason to make your offer contingent on a home inspection?

The biggest reason to make your offer contingent on a professional home inspection is because it can help you avoid purchasing a home with hidden, expensive, and dangerous problems.

What is an example contingency offer on a house?

For instance, if a seller offers a certain price and you, as the buyer, say the price is fine (provided the home inspection comes back clean), you have made a contingent real estate contract. In this case, the sale of the house depends on the inspection not having problems defined in the contract.

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