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First Time Buyers >Inspection Contingencies

Many of today's purchase offers include a contingency clause that allows the buyers to hire a home inspector or professional expert to inspect the property. If there is a significant defect in the property, the buyer can cancel the contract without losing the earnest money deposit. Contingencies are excellent procedures that protects both the buyer and the seller.

The time period for inspection contingencies is negotiable. In most parts of the country, the buyers have about a week in which to cancel the contract if the structural inspection reveals a serious and consequential defect. The positive side to such contingencies is that the inspection usually addresses--and overcomes--the buyers' misgivings, and confirms their decision to move ahead with the purchase.

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Q	What house is considered to be the first house with running water in America?
A	John Headly's home built in Newport, RI in 1723, was equipped with an underground pipe from the nearby spring.
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Bruce Williams and Team, REALTOR®, real estate agents and broker for Greensboro North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Bruce Williams and Team
Bruce Williams & Assoc., Inc.
exp Realty
6700 W Friendly Ave Unit 2 B
Greensboro, NC 27410
Phone: 336-508-4507
Toll Free: 888-584-9431 x108
Email: bruce-williams@NUMBER1EXPERT.com
other: locationx3@aol.com
Quality Customer Service is my focus. My ability to match buyers with their ideal property and to provide effective marketing strategies for sellers has been acknowledged with the Executive Club, President's Club and 100% Club Awards. I obtained the GRI (Graduate Realtor® Institute) shortly after entering the real estate business 19 years ago. I also carry the CRS and e-Pro designations. Only 4% of the Nations 1 million plus REALTORS® have attained the CRS (Certified Residential Specialist). I am proud of my involvement in the real estate profession. Most importantly I believe my success is evident through many repeat customers and clients. I take time to get to know you, the customer, and I personally make it my goal to help you have a successful and satisfying real estate experience. "Real Estate..It's what we do from here to the Coast!"

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