Q: Who pays for an enviromental inspections on commercial real estate? Buyer or Seller? A: In most cases, the purchaser pays for environmental inspections of the property they are … [Read more...]
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Commitment Letter From Bank
Q : The bank sent a commitment letter, however afterwords realized the appraisal is less than the sales price. Can they back out. A : I am sure that the 'commitment letter' stated that … [Read more...]
Filed Under: Home Buying Tagged With: Commitment Letter
Real Estate Question
Q: I bought my house in New Jersey, signed the contract in April, and got it inspected within the ten day window. During the inspection, the electrical panel was not available due to being … [Read more...]
Filed Under: Home Buying