Contingencies are something that come up in a real estate transaction and we as Realtors sometimes forget that this is an abstract concept to our clients. Hopefully this will provide a little more clarity into what contingencies are and what their purpose is in a real estate transaction.
Congratulations! Perhaps you just got an offer accepted and you are in escrow or you are just curious about what goes on during escrow. Either way it is important to know what types of inspections you can have done as a buyer so you can move without the anxiety of the unknown. While this is not a complete list of all the inspections possible, here are some of the important inspections that can help clear the air around your new home.