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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 
What is the oldest U.S. capitol in which a state legislature still meets in its original chambers?

A 
New Hampshire's State House
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The Payne Group, REALTOR®, real estate agent and broker for Panama City, Panama City Beach and Lynn Haven, Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

The Payne Group
Keller Williams Success Realty

2110 W 23rd St.
Panama City, FL 32404
850-890-0132
Fax: 850-392-1709
jeff.payne@kw.com

The Payne Group takes the time to discover your wants and needs to ensure a seemless transaction in buying or selling real estate.


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