How You Are Protected When Buying Your Home

1. The contract allows you to thoroughly inspect the property and be allowed “sole and absolute discretion” to approve or disapprove the condition of the property before you make your final commitment to purchase the property.

2. The seller must disclose everything they know to be wrong with the property and be bound to these disclosures for two years from the close of escrow.

3. If you can’t secure a loan under the terms and conditions that you define, you are not bound to buy the property.

4. The property must appraise at the agreed upon price between you and the seller. If it doesn’t, you are not bound to purchase the property.

5. If you cannot be delivered what is called “Free and Clear Title”, you are not bound to purchase the property.

These protections, known as “contingencies” are designed to afford each buyer a full and complete opportunity to make sure the property they wish to buy doesn’t come with unwanted surprises.
So, breathe easy. We’re here to protect you and we know how to do it.