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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
is an accommodation and real estate directory, where real estate property owners or real estate agencies connect with vacationers and home buyers worldwide. If you are a seller, you can add listings in few seconds, and if you are a buyer you can search listings to find your dream property!
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 10 May 2005 03:47:13 -0700
/ Author of the message: "tdirodis@yahoo.com" |
Title of the message: |
Inspection Period. What Inspection Period?
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Text of the message: |
I recently made an offer on a house, which was accepted. My agent filled out the "offer" paperwork, which I signed. Before sending it to the seller's agent he was informed that the Ernest money needed to be $5000 versus $1000. My agent said that this seemed a little high but convinced me that in this market this should be acceptable. The inspection period started after the last counter-offer was accepted which was 05/03/2005 and therefore ends on 5/13/2005. Here's the catch as it's related to the inspection period, which make no sense to me. Apparently once my agent presents the inspection results to the seller's agent with the list of things that I'd like to be repaired, the $5000 goes hard (becomes non-refundable). With this in mind, my agent has told me that he will not submit the results and my request for repairs until 05/13/2005, the official end of the inspection |
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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.