Article: Finding Structural Problems During Escrow ? Upscale Home Example
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Finding Structural Problems During Escrow ? Upscale Home Example
When buying and selling homes, the property purchase is often subject to a satisfactory home inspection being done. Now and then, a home inspection uncovers severe structural problems. Here?s an example of a situation in an upscale neighborhood.
Severe Structural Problems
Does the buyer walk away when there are serious structural problems? Yes, but not always. A lot depends on the constraints facing the buyer (are they relocating to start a new job, or just ?moving up? in the same general area?) and on how much the buyer likes the property. The attitude, maturity level, communication skills, and flexibility of both buyer and seller also make a huge difference.
It?s easy to see a deal blowing up in this situation. Let me tell you about a situatio...
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