Buying Highlands NC Real Estate, Contingencies Are Crucial
Meadows Mountain Realty, Highlands NC real estate
Contingencies are a crucial part of a contract when buying Highlands NC real estate. Ultimately, contingencies offer protection for buyers and help avoid surprises at the closing table. Most importantly, purchasing a home is a large investment. As a result, ensuring a wise investment is important. Your Highlands NC REALTOR will ensure that you are aware of all of the details. This means that the contingencies necessary will be in your purchase contract.
Standard contingencies
Common contingencies include inspection, financing, and appraisal. Additionally, each contingency is tied to a date and allows for further information to be gathered. The inspection contingency will include a home inspection and be followed by further negotiation to take care of repairs or replacements. A financing contingency offers the buyer a certain amount of time to secure a mortgage. Lastly, the appraisal contingency ensures that a home is priced fairly.
Dates matter
Dates are an important part of a contract. Furthermore, dates are tied to every step of the due diligence period as well as for the closing. Often the dates are negotiated in the contract process. Each contingency is tied to a date and it is important to stay on top of these dates. Your Highlands NC REALTOR will be extremely valuable, helping you stay on schedule according to these dates.
Learn more about buying Highlands NC real estate
Contact our team at Berkshire Hathaway HomeServices Meadows Mountain Realty today to learn more about buying a home in Highlands NC. We welcome the opportunity to update you on the market while getting you started on your property search. Let our knowledge and experience serve as your guide to buying Highlands NC real estate.