What is an inspection contingency and how does it protect me?

An inspection contingency lets the buyer hire inspectors and then request repairs, credits, a price reduction, or the option to walk away if serious issues are found. It protects buyers by ensuring they’re not locked into purchasing a property with undisclosed or unexpected defects. For sellers, it’s a critical phase where you may renegotiate, agree to repairs, or in rare cases put the home back on the market.

Arthur Yoon

Vice President

EIT, SRS

Redpoint Realty

4221 Wilshire Blvd #130,
Los Angeles, CA 90010, United States

2138002969