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Get Home Inspection Addendum Form
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How to fill out the Home Inspection Addendum Form online
Completing the Home Inspection Addendum Form online is an essential step for both buyers and sellers in a real estate transaction. This guide will walk you through each section of the form with clear instructions, ensuring you fill it out accurately and effectively.
Follow the steps to complete the Home Inspection Addendum Form online:
- Press the ‘Get Form’ button to access the Home Inspection Addendum Form and open it in your preferred editor.
- Enter the contract date in the designated field. This date is essential as it marks the beginning of the contractual agreement.
- Fill in the Seller(s) and Buyer(s) details accurately, ensuring all names are spelled correctly.
- Provide the property address or description as stipulated in the contract, making sure it matches the agreement.
- In the provisions section, specify the number of calendar days allowed for the buyer to arrange the home inspection after the contract's effective date.
- Indicate the name of the licensed home inspector who will conduct the inspection, ensuring they are certified to perform home inspections in Mississippi.
- Include any relevant details regarding buyer access to the property, providing clarity on the expected notice and access conditions.
- Detail the responsibilities of the seller regarding utility access during the inspection to avoid any disputes.
- Outline how the buyer will report deficiencies, mentioning that the home inspection report should be provided to the seller.
- Specify the maximum amount for repairs that the seller agrees to, if applicable, to prevent misunderstandings.
- State the outcome options if deficiencies are found, guiding the user on whether they can proceed with the contract or cancel it.
- Make sure to include the final walk-through clause for the buyer, allowing them to verify contract fulfillment before closing.
- After completing all sections of the form, save your changes to the document. Choose to download, print, or share the form as needed.
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Another common stipulation in a real estate contract is the financing contingency. This clause states the offer is contingent on your ability to obtain financing, and it will specify the type of financing, terms, and the amount of time in which you have to apply and be approved for the loan.
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