RE/MAX Suburban and your sales person
recommend that you educate yourself regarding the various closing inspections,
contingencies, investigations and options, that may be available to you as a
purchaser to protect your interest throughout your real estate transaction.
The following lists are provided as an information service for you. Every effort
has been made to list most of the subject areas that are commonly encountered
or may be encountered in this geographic area.
However, RE/MAX Suburban and your salesperson make no guarantee or warranty that
this is a complete or all inclusive list. If there are subject areas that you
are concerned about or want more information on that is not included here, you
are urged to investigate further.
Following is a list of subject areas that you might want to include inspection
contingencies for in your purchase offer
• Engineering or home inspection
• Random inspection
• Lead paint inspection
• Asbestos inspection
• Termite or wood baring insect inspection
• Septic inspection
• Well inspection
• Winter quality inspection
• Oil tank (buried or unburied) inspection
• EMF (electronic magnetic fields) inspection
• Roofing inspection
• FRT (fire retardant treated) plywood roofing inspection
• Wet basement inspection
• Fireplace and/or chimney inspection
• Heating and/or air conditioning systems
• Soil or topography inspection
• EPA inspection
• Value or appraisal inspection
•
Walk-thru inspection – before closing
• Mortgage finance approval contingency
• Insulation inspection
• Mold Inspection
Following is a list of subject areas that you may have various options on the
use of in your real estate transaction.
• Inspectors or inspection companies
•
Attorney
•
Mortgage lender
•
Homeowners insurance company
•
Property title insurance company
• Purchase contract and addendum
•
Amount and type of escrow deposit
•
Real estate salesperson and company
•
Type of real estate mortgage financing
•
Type of agency relationship
Following is a list of subject areas that you might want to investigate prior
to full ratification of your purchaser offer
• Homeowners or condominium
covenants and restrictions
•
Homeowners or condominium financial report
•
Minutes from past homeowners or condominium association meetings
•
Easements and restrictions pertaining to the property you want to purchase
•
Potential future road construction (municipal and private)
•
Potential future building construction (municipal and private)
•
Pending or possible future zoning changes (local master plan)
•
Area crime statistics
•
Area school statistics
•
Area sex offenders
• Homeowners or condominium covenants and restrictions
•
Homeowners or condominium financial report
•
Minutes from past homeowners or condominium association meetings
•
Easements and restrictions pertaining to the property you want to purchase
•
Potential future road construction (municipal and private)
•
Potential future building construction (municipal and private)
•
Pending or possible future zoning changes (local master plan)
•
Area crime statistics
•
Area school statistics
•
Area sex offenders
I/We acknowledge that the agent and salesperson are being retained solely as
a real estate agent, and not as an attorney, tax advisor, mortgage lender, appraiser,
surveyor, structural engineer, home inspector, heating and air conditioning specialist,
radon inspector, roofing inspector, electrician, plumber, soil geologist, termite
inspector, or and other type of service provider or inspector.
I/We understand and acknowledge that I/We have the right and responsibility to
investigate, to my/our satisfaction, any subject areas that pertain to the property
I/We are considering for purchase and hold the agent and salesperson entirely
harmless for my/our failure to do so.
I/We understand that I/We have the right to consult with an attorney of my/our
choice prior to making any commitment whatsoever.
.
