Thank you so much for your help in getting this incredible house! I could not have done it without you, your hard work, and dedication. You listened to everything I wanted, and found the perfect house for me. I know this wasn't the easiest process being a short sale, but thank you so much for staying on top of it and keeping my educated along the way. Julia, you've been a great resource and would highly recommend you to my family and friends. Thanks again!
Lucy Brogla
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First Time Buyers >Inspection Contingencies
Many of today's purchase offers include a contingency clause that allows the buyers to hire a home inspector or professional expert to inspect the property. If there is a significant defect in the property, the buyer can cancel the contract without losing the earnest money deposit. Contingencies are excellent procedures that protects both the buyer and the seller.
The time period for inspection contingencies is negotiable. In most parts of the country, the buyers have about a week in which to cancel the contract if the structural inspection reveals a serious and consequential defect. The positive side to such contingencies is that the inspection usually addresses--and overcomes--the buyers' misgivings, and confirms their decision to move ahead with the purchase.
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| Q |
What is the most unusual maintenance project done once each year in the United States?
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| A |
The Niagara Falls is shut down for maintenance every year in the fall by diverting the flow of water for 24 hours using a massive series of pipes constructed in 1837.
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