Is a Home Inspection Contingency Important in Hartford?

home buyer real estate houseWhen you’re considering purchasing  real estate, it is crucial that any contract to purchase property contain what we call an inspection contingency meaning that your obligation to purchase a property is contingent upon you obtaining and being satisfied with the property inspection. What you should do is contact the reputable inspector, some are and some may not be. Have that inspector go through the property carefully. I encourage you to be there when the inspection is conducted. This way, you know what you’re buying and what you’re not buying. If that inspection reveals defects or issues with the property, you have the opportunity to discuss those with the seller and if you cannot reach an agreement concerning those issues, you’ve reserved the right to terminate the contract, get your deposit back and move on to another property.

This informational blog post was brought to you by Marc N. Needelman, an experienced Hartford, Connecticut Real Estate Lawyer.

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