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Originally Posted by Nabatron
T-minus 4 days before subjects are removed...one of their subjects was a home inspection and home insurance.
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Home insurance is 99% approved unless you want to buy earthquake or high liability insurance or home is collector status type special circumstances. Square One and online BCAA ones essentially quote based on computer generated rates these days.
Like Hondaracer says, any SUBJECTS in CPS contract means if buyers aren't satisfied they can drop the contract with no recourse by sellers.
Home inspections - comprehensive list of inspection of visible state of building - they can't possibly see roof and peel away walls obviously. Will generate comparable value of area, rental income (if applicable), replacement value of unit (for insurance & banks to ensure value LTV is in check). Again, buyers can say they found damages they weren't aware of before and re-negotiate terms of the contract (pricing) or walk altogether. Good luck!