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Contractors
Ponzoha Construction 885 NW Raintree Dr., Corvallis 745-7355 Faulconer Construction Co. 752-7375 Hughey Homebuilding Inc. 33094 SE Peoria Rd., Corvallis 754-6041 Powell Construction 2035 SE 3rd St., Corvallis 752-0805 Three Strands, Inc. 5460-A SW Philomath Blvd., Corvallis 758-2673 Pride Construction 928-7995

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 area in the United States has the highest per capita income?
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| A |
The New York/New Jersey/Long Island area has a per capita income of over $750,000, according to the most current available U.S. census data. |
See More Real Estate Trivia > |
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