What to Buy
What common contract phrases can homebuyers overlook?
Buyers
Real Estate Agents
Mortgage
Listing
Home Staging
Answer
Buyers often overlook phrases about possession timing, inspection scopes, and as-is conditions. These small wording choices carry big dollar consequences. For instance, vague inspection wording or missing appraisal contingencies leave you exposed to repair costs or overpaying. Always clarify or negotiate explicit deadlines and protections. Read every clause carefully and ask your agent or attorney to explain unclear terms to avoid costly pitfalls and regret.
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