Monday, December 12, 2016

How much time do I have for a home inspection?

In this area, it is common for a five (5) business day inspection period, and most contracts adhere to that time frame. However, the inspection period may be longer or shorter by agreement of the parties. This inspection contingency begins on the next business day following the date the seller signs the contract (i.e. date of acceptance). For example, if the date of acceptance is on Monday, the inspection period will run through the end of business the following Monday, assuming that no federal holidays occur during that time.

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