Forgo final property inspection at your own risk

Sellers don’t always play by rules when moving out Purchase contracts often include a provision for the buyers to walk through the property with their real estate agent about five days or so before closing. This is not a contingency of the contract. It provides the buyers an opportunity to confirm that the property is …

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Who’s responsible for defects discovered after closing?

Home buyers who buy during the dry season can be in for an unpleasant surprise when the roof leaks or the basement floods after the first rain. Who is responsible for damage caused by water intrusion and for making the necessary repairs to prevent it from happening again? It’s possible that you are responsible if …

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Home Prices Have Been Rising for Three Months

Home Prices Have Been Rising for Three Months: Report Standard & Poor’s reported Tuesday that it’s closely watched Case-Shiller index declined in January for the fifth straight month. But according to John Burns Real Estate Consulting (JBREC), that’s stale news and doesn’t reflect what’s actually happening in the market right now. In fact, the independent …

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