What’s the biggest reason to make your offer contingent on a professional home inspection?

a. It could reveal issues you were unaware of
b. It will help you negotiate a lower price
c. Lenders require professional inspection
d. Professional inspection is required by law

Respuesta :

Answer:

a. It could reveal issues you were unaware of

Explanation:

Contingency clauses are agreements between the buyer and the seller that some conditions must be met before a purchase of real estate is made. A contingency becomes binding when the buyer and seller sign the agreement.

Contingency is used by buyers and sellers to protect their interest in the transaction.

A contingency that requires a professional home inspection is aimed at uncovering any underlying issues that may affect the buyer in the future.

The buyer will get a degree of assurance when a home inspection is carried out. It will show the true state of the property for a more informed decision.

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