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Real Estate Tips
First Time Buyers >Structural Contingency

If you have a house for sale your buyers will probably include a structural inspection contingency in the contract. This allows them to have an expert check out the house, the major systems and the appliances.

A professional structural inspector can help buyers to "know" the house and to feel comfortable with it, but the inspection does not result in a pass or fail grade. The buyers will learn important facts about the house, such as where the water cutoff valve is located, in case of an emergency. The inspection may also help buyers set up a budget for repairs and determine if they want to invest in cost-effective measures to increase energy efficiency.

Buyers rarely back out of a sale after a structural inspection. Even if there are problems, you have the opportunity to negotiate a compromise and to avoid any obstacles that could seriously threaten the sale.

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Real Estate Trivia
Q 
During what months of the year do most people move from one home to another?

A 
Most moves occur between the months of May and September.
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Brian Carr-Smith, REALTOR®, real estate agent and broker for Larchmont, Mamaroneck, New Rochelle and Rye, New York home listings, property and land for sale - NUMBER1EXPERT(tm)

Brian Carr-Smith
Coldwell Banker Residential Brokerage

140 Larchmont Av
Larchmont, NY 10538
917-747-7819
Fax: 914-462-3240
briancarrsmith@NUMBER1EXPERT.com


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