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Real Estate Tips
Bargain Properties >The Inspection Report

Are you looking for a home and becoming tired of house-hunting? If so, you may be tempted to buy a bargain-priced home "as is" and forego the home inspection. But without the inspection report, do you know what the "as it" refers to? Wouldn't it be better to know what condition the home is in before you buy it?

The inspection contingency allows the buyer to enlist the services of a licensed home inspector within three to seven days after the purchase agreement is signed. The inspector will go over the property from top to bottom, evaluating the condition of all the basic systems and structures of the home in order to identify conditions that may be considered material defects and thus may affect the market value or the safety of the home.

The inspector's report is the only documented proof of the actual condition of the property that is being sold. It is a valuable tool that helps you negotiate the sales contract and gives you information about future maintenance projects. The cost of an inspection is well worth the peace of mind it provides.

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Real Estate Trivia
Q 
What mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?

A 
Conventional mortgages are private sector transactions that are not insured or guaranteed by the government.
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Jill Biggs Real Estate Team, REALTOR®, real estate agent and broker for Jersey City, Hoboken, Union City and Weehawken, New Jersey home listings, property and land for sale - NUMBER1EXPERT

Jill Biggs
Coldwell Banker Residential Brokerage

100 Washington Street
Hoboken, NJ 07030
Cell: 973-495-6038
Direct: 201-533-3073
Office: 201-798-3300
eFax: 862-345-1528
Fax: 201-798-9366
JillKBiggs@gmail.com
jillbiggs@NUMBER1EXPERT.com

Jill Biggs has set the standard for service in Hudson County. As a Realtor, Jill Biggs takes customer service to a new level, handling every detail of all transactions to make each sale a pleasant experience for both buyers and sellers.

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