in other words, contingent sale allows the buyer to place conditions on the sale closing such as home inspection, appraisals, financing, title and survey. generally inspections are performed simultaneously with one or more inspectors visiting the home at a scheduled time. 2. termite inspections –perimeter of home, yard, and all exposed basement joists are examined for any current or past evidence of termites or wood destroying insects (carpenter ants, etc.) various types of radon inspections test the levels to make sure that radon levels don’t exceed us epa guidelines. 4. sewer lateral — the sewer line can be inspected with a camera to make sure the sewer travels all the way out to the main line and any cracks or roots are noted. 5. lead paint — lead hazard inspections are important if young children reside in the home and / or if the home was built prior to 1978. old windows and poorly maintained paint coats are good indicators that the home may need a lead test.
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special sales contract and addenda used for foreclosures/short sales. including riders, addendum, and amendments, is the complete agreement between a buyer study with quizlet and memorize flashcards terms like on a special sales contract, where would you find reference to flood plain disclosure?, who typically the special sale contract is also available but is used less frequently. it is not as protective of the buyer and is generally used for, what is the short sale lender’s packet called?, how does a buyer waive a contingency for sale and closing of buyer’s property?, if a buyer wants the seller to contribute towards closing costs, how might that be noted?, what percentage of underground storage tanks leak after 15 or 20 years?.
the term special sales agreements refers to situations where legal transfer of ownership does not align with the economic risk of ownership. the three most common forms of these special sales agreements include installment sales, merchandise with high rates of return, and buyback agreements. is the total purchase/sale price to be paid as follows: $ earnest money received for delivery to/deposit by. , escrow agent. selling broker to be. in the st louis area, most contracts written are either the st louis association of realtors residential sale contract or special sale contract. special sales contract real estate. prepare accurate special sales contract missouri with industry-leading security and compliance standards., missouri real estate forms, missouri real estate forms, stl realtors. parties and property. ________________________________________________________________________, buyer(s), agrees to purchase from the. inclusions and exclusions. purchase price. method of financing. closing and possession. title and survey. franchise disclosure. adjustments and closing costs.
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