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Originally Posted by eldon
I suggest that you get a Home Inspection first of all. Lawyer not as important as this.
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Hi Eldon,
That is part of the no-contingencies thing that I was talking about in the above post. Where I live, inspections are done before the closing and deal killers can be built in by the potential buyer. Now, of course, a seller would not tie to a contract with silly contingencies in it, but there are things that can be found on inspection that could warrant a buyer wanting to kill a deal.
As I understand it there, the seller is supposed to fix whatever is found but the deal must go on. Cosmetic issues we can find and fix ourselves if factored into the selling price. It's the idea of having a real biggie found after the closing.
When we were there last fall, I kept thinking I was understanding this wrong. I thought I was being thick-headed or something.
For me, when it comes to buying a home, the thrill of the chase needs to end at the closing table, not take off in another direction.
If I am still not getting this and have it all wrong, I know somebody here will correct me. I actually hope they do. But, for now, the way I get it is that inspections happen after closing.
btw I know this thread began with a specific question about whether a lawyer is needed for a new house, and now I am off and running somewhere else. Maybe "off" is the operative word here.
Boomer