SPECIAL SECTION:
Real Estate
unable to put 20 percent down on your
home.
3. BUYING:
Getting an inspection can save you
money in the long run.
Inspection fees can range from $300-
$500, allowing some to think they can
save money by avoiding an inspection.
In almost all instances, this is false. Many
issues in a home may go unseen by the
untrained eye. If an inspector reveals defects not disclosed by the seller, you are
able to negotiate a new offer or rescind altogether. Without an inspection, these
potentially costly issues would ultimately fall on the buyer’s shoulders.
4. BUYING:
Protect yourself!
It’s easy to get wrapped up in signing papers and lose sight of what you are
agreeing to when buying a home. Fortunately, contingency clauses can protect you
from losing what is yours. An example is a mortgage-financing contingency; if you
lose your job or your loan falls through, you’ll get your “earnest money” back in
full. Otherwise, you may be obligated to follow through with purchasing a house
you can no longer afford.
Continued on page 21 >
MCKEESPORT AREA
❘
SUMMER 2019
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