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Real Estate Tips
Bargain Properties >The Inspection Report

Are you looking for a home and becoming tired of house-hunting? If so, you may be tempted to buy a bargain-priced home "as is" and forego the home inspection. But without the inspection report, do you know what the "as it" refers to? Wouldn't it be better to know what condition the home is in before you buy it?

The inspection contingency allows the buyer to enlist the services of a licensed home inspector within three to seven days after the purchase agreement is signed. The inspector will go over the property from top to bottom, evaluating the condition of all the basic systems and structures of the home in order to identify conditions that may be considered material defects and thus may affect the market value or the safety of the home.

The inspector's report is the only documented proof of the actual condition of the property that is being sold. It is a valuable tool that helps you negotiate the sales contract and gives you information about future maintenance projects. The cost of an inspection is well worth the peace of mind it provides.

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Real Estate Trivia
Q 
What are three of the best indicators of real estate market trends?

A 
Existing home sales, new home building and mortgage interest rates.
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Lee Wilbanks And The W.R.E.C. Group, REALTOR®, real estate agent and broker for Livonia, Novi and Northville, Michigan home listings, property and land for sale - NUMBER1EXPERT™

Lee Wilbanks And The W.R.E.C. Group
RE/MAX Dream Properties

37569 Five Mile Rd
Livonia MI 48154
Office Direct: 734-432-9342
Cell: 734-635-2390
Office : 734-462-3600
Toll Free: 866-4WILBANKS
Fax: 734-468-0808
Email: wilbanks@leewilbanks.com
Email: wilbanks@thewrecgroup.com

Lee Wilbanks is a 3rd generation Realtor. Lee's many accomplishments include: CDPE (Certified Distressed Property Expert), the Prestigious CRS, DGA, ABR, RECS, SRES, Professional Standards, Presidents Club, Chairman's Club, Top 10% Club, Life Time Achievement Award, Top Producer, Honored Professional of "Who's Who" in Executives in Business, Hall of Fame and Platinum Member. You can visit Lee at his web site or email him. Lee has lived in the Livonia, Novi, Northville and Farmington area for the past 35 years. He is married and has three children. To buy or sell call the RE/MAX Realty professional LEE WILBANKS.

CDPE ABR CRS Equal Housing MLS REALTOR SRES



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