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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 considered the ideal conditions for a buyer's market?
A	In a buyer's market, there are more houses for sale than buyers, homes take longer to sell, and sellers may have to cut prices.
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Ann Jost, REALTOR®, real estate agent and broker for Fort Hood, Copperas Cove, Harker Heights and Killeen Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Ann Jost
Coldwell Banker United, Realtors
2705 E. Hwy. 190
Copperas Cove, TX. 76522
Phone: 254-547-7355 Ext 243
Fax: 254-547-2141
Email: annjost@NUMBER1EXPERT.com
Ann's goal is to provide all her clients with such excellence of service that they will be won over for life! Since her arrival to the Ft. Hood area market in 1976 as a young Army officer's wife, referrals and past clients are the bulk of her business. Providing the best possible service and professionalism is her commitment. Even her peers have rewarded her with the honor of being "Realtor of the Year" from the Ft. Hood Area Association of Realtors. As a multi-million dollar producer each year with numerous national designations and a Texas Broker's license her experience and knowledge are well tested. Ann is ready to guide you through all your real estate needs and give you total "peace of mind" when buying or selling your home.

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