When you enter into contract with a seller you have a certain period of time to investigate the property. This is a very important part of making a purchase. You want to be thorough in your investigation and satisfied when your investigation is complete. There are many advisories and disclosures that you will sign and these documents will be provided to you to point out various issues that you may consider investigating. Be sure that you understand this process before writing an offer. You can do some of this investigation before writing an offer and it is a good idea to do so but if you spend too much time doing this you may loose out to another buyer. So be aware that you will have time while in contract to do investigations. With exception to Bank Owned Properties, sellers are required by law to disclose all material facts about a property. Material facts are things that would matter to you as a buyer.
Investigating the Property
June 6, 2011 by
