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Nesgroup address: misc.consumers.house - Date & Time for the message: Wed, 11 May 2005 08:30:19 -0700
/ Author of the message: Joshua Putnam |
Title of the message: |
Re: Inspection Period. What Inspection Period?
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Text of the message: |
In article <1115775608.940836.258980@g49g2000cwa.googlegroups.com>, tdirodis@yahoo.com says... > The only thing I've signed to date is a counter-offer where the an > entry exists that say "ernest deposit to become non-refundable after > inspection period and all contingencies are removed, including > financing." Things vary a lot by state, so take this with a grain of salt, but on our purchase contract, inspection was a contingency -- there was a period in which we could get an inspection, then one of the contingencies was agreement over remedies for anything the inspection found. If your offer is structured the same way, then your earnest money does not become non-refundable until after you sign off on the inspection contingency. Disclaimer: neither a lawyer nor a real estate agent. -- josh@phred.org is Joshua Putnam <http://www.phred.org/~josh/> Books for Bicycle Mechanics and Tinkerers: |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.