Buying Highlands NC Real Estate, Contingencies Critical
Contingencies are a critical part of a contract when buying Highlands NC real estate. Contingencies protect a buyer. In addition contingencies assist with avoiding surprises at the closing table. Buying a Highlands NC home for sale is a large investment and having a contract that protects your interests is essential.
What contingencies should be in your contract?
Appraisal: The appraisal contingency ensures a fair price for your home and is a critical part of your financing.
Financing: The financing contingency protects you in the event that you are unable to secure a home loan.
Inspection: The inspection contingency permits not only a home inspection to occur but also an opportunity to take care of issues that may be revealed. If repairs are needed they can be taken care of by the seller or a request can be made for cash back at closing to cover the repairs.
Learn more about Highlands NC real estate
In addition to the above contingencies there are dates in your contract. All of these pieces will come together to either get you to the closing table or exit your contract. Your Highlands NC REALTOR should follow your contract and protect your best interests.
Contact me, Lynn Kimball, today to learn more about buying a home in Highlands NC. I welcome the opportunity to update you on current market conditions while getting you started on your property search. Let my knowledge and experience serve as your guide to buying Highlands NC real estate.