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Inspection reports require more negotiations

 

Last updated 11/26/2018 at 9am

Amelia Smith

Amelia Smith & Associates

Ding. Ding. Ding.

You have successfully negotiated the residential purchase agreement to buy or sell a home. Both parties have reached accord, and the property is in escrow. Is that the end of negotiations? Or should homebuyers expect a second round?

During the early stages of a real estate sales transaction, there will likely be an inspection made of the property being sold. It is commonly referred to as a home inspection and typically occurs in the first 17 to 21 days after an offer is accepted.

Those early stages are known as the buyer's due...



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