Edgewood, WA Real Estate Blog

Phil over at the Boise Real Estate Blog posted further evidence of why a home inspection, even for a new home is necessary.
As I’ve mentioned before, this is even more of a requirement in todays market for the reasons posted here.

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Almost every purchase and sale agreement today includes a home inspection contingency.  They are often improperly used.
Why not negotiate the repair items you’re aware of as part of the initial purchase and sale agreement? Often times I’ve seen buyer’s agents wait until the inspection report comes back before negotiating repairs they know are needed.
That’s poor [...]

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New home builders like to close as soon as possible. That’s when they get paid. As the closing date nears, chances are they’ve drawn as much as their lender will allow prior to closing. Most builders make periodic draws from their lender based upon construction progress. Once a final occupancy permit [...]

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