THE HOME INSPECTION CONTINGENCY - WHAT DOES IT GET YOU?
Kelly A. Anderson • December 1, 2017
No one should make the biggest purchase of their lives without first checking out everything beneath the sparkling façade - which is why the standard Illinois Residential Real Estate Multi-Board 6.1 contract contains an inspection contingency allowing buyers to do just that. But beyond just allowing a home inspection, what does the inspection provision get buyers? Listen in, as attorney Kelly Anderson pulls back the curtain on this important step in real estate transactions.
- home inspection
- major component
- safety hazards
- minor repairs
- defects
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