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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 are the characteristics of classic Queen Anne architecture?
A	Queen Anne homes are the most elaborate, romantic and feminine of all Victorian Homes.
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John & Olivia McCormick, REALTORŽ, real estate agents and broker for Bullhead City, Fort Mohave and Mohave Valley Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

John & Olivia McCormick
McCormick Realty
3640 Hwy 95, Suite 130
Bullhead City
Arizona 86442
928-758-4500
1-800-624-5264
Fax: 928-763-1047
JohnandOlivia@NUMBER1EXPERT.com
John and Olivia McCormick, owners of McCormick Realty, have lived in the Bullhead area since 1980. Real Estate is their specialty, beginning with subdivision development and ending with SALES! McCormick Realty is a full service office to include site analysis and feasibility, subdivision development and permitting along with general real estate. With more than 50 years of experience between them, John and Olivia McCormick and the McCormick team provide the professional services you need when investing in Real Estate.

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