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From My Affiliates: Annapolis, Crofton, and Edgewater Maryland home buying, real estate listings, and homes for sale in Anne Arundel County, MD

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First Time Buyers >Inspection Contingencies

Many of today's purchase offers include a contingency clause that allows the buyers to hire a home inspector or professional expert to inspect the property. If there is a significant defect in the property, the buyer can cancel the contract without losing the earnest money deposit. Contingencies are excellent procedures that protects both the buyer and the seller.

The time period for inspection contingencies is negotiable. In most parts of the country, the buyers have about a week in which to cancel the contract if the structural inspection reveals a serious and consequential defect. The positive side to such contingencies is that the inspection usually addresses--and overcomes--the buyers' misgivings, and confirms their decision to move ahead with the purchase.

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Q	What does the abbreviation PITI stand for?
A	Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment.
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David Noce, REALTORŽ, real estate agent and broker for Annapolis, Crofton, and Edgewater Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

David Noce
RE/MAX Leading Edge
1410 Forest Drive, Suite 8
Annapolis, MD. 21403
Phone: 410-268-3040
Cell: 410-991-2847
Fax: 410-268-7771
Email: davidnoce@NUMBER1EXPERT.com
Hi and welcome!! Let me be the first to welcome you to Annapolis ..located in beautiful Anne Arundel County. As a licensed Realtor in the State of Maryland, I specialize in real estate throughout Anne Arundel County, Howard County, Prince Georges County and Queen Annes County. Ive lived in the Annapolis area for over 10 years so I know Annapolis and the surrounding counties extremely well and this has made me a well recognized and top producing agent. My educational background includes a Masters Degree in City Planning from the University of Maryland at College Park. With this background, I have a keen eye for possibilities in homes and for matching property to the right person. Also, attention to detail is paramount to my business success. I've helped all types of buyers and sellers - from first-time buyers, to seasoned investors, to experienced waterfront buyers and sellers. As a husband and father of twin girls (Olivia & Sophia), I understand that most of us would rather spend time with our family. This is why my knowledge of the area benefits my real estate clients. I am able to locate the perfect home for buyers and get the best price for sellers in very little time. If you are looking for a realtor who knows Annapolis, Anne Arundel and surrounding counties, call or email me today as I am ready to work TWICE AS HARD for you!

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