Drainage and leveling of surfaces.
You must insist that all these points be covered in the
detailed report that is provided to you. It is highly recommended that you accompany
the housing inspector when the inspection is carried out. This will give you
the opportunity to ask questions about any damage that may exist in the home
and to obtain an estimate of the cost of the necessary repairs. It will also
provide an opportunity to ask questions about the maintenance of the home.
Consult a lawyer
Depending on the situation you are in, it may be necessary
to establish other conditions. This is another reason why it is advised that a
lawyer examine your offer before you present it to the seller. If any of the
conditions stipulated by you in the Purchase Offer is not met, you can choose
not to specify the purchase.
When determining the conditions, make sure they offer
adequate protection, but also be realistic. Consider the market situation and
make sure the price and terms of your offer are fair.
Down Payment
When you submit an offer, you are likely to be asked to make
a deposit. This deposit is usually called a "security deposit". It is
delivered to the real estate agent to be entered into an escrow account, as a
sign of good faith on his part and the sincerity of his offer.
If the sale is made, the amount of the guarantee deposit
will be deducted from the amount owed to the seller at the close of the
transaction. If the seller rejects your offer, or the sale is not specified
because one of its conditions is not met, you will be entitled to have the
deposit reimbursed.
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