26274 Fieldstone Dr. Sale - Novi
"In this tough real estate market, we knew it would be critical to choose the right real estate agent. We are so glad we chose Paul Mruk! He is so enthusiastic about Island Lake; he "sold" the community as well as our home. Paul really went the extra mile to generate traffic, in fact he ended up bringing the buyer himself. He did an outstanding job from start to finish."
Tom & Lesley Morrison, Island Lake of Novi
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First Time Buyers >Inspection Contingencies
Many of today's purchase offers include a contingency clause that allows the buyers to hire a home inspector or professional expert to inspect the property. If there is a significant defect in the property, the buyer can cancel the contract without losing the earnest money deposit. Contingencies are excellent procedures that protects both the buyer and the seller.
The time period for inspection contingencies is negotiable. In most parts of the country, the buyers have about a week in which to cancel the contract if the structural inspection reveals a serious and consequential defect. The positive side to such contingencies is that the inspection usually addresses--and overcomes--the buyers' misgivings, and confirms their decision to move ahead with the purchase.
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| Q |
Where is the world's largest bridge located?
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| A |
Lake Pontchartrain Causeway at New Orleans, Louisiana is the world's largest bridge. It is almost 24 miles long. |
See More Real Estate Trivia > |
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