Can I place a contingency offer to purchase a Travers Realty Services pending inspection?
You may want to include an inspection clause in an offer when negotiating for a condo. An inspection clause gives you an “out” on buying the condo if serious problems are found, or gives you the ability to renegotiate the purchase price if repairs are needed. An inspection clause can also specify that the seller must fix the problem(s) before you purchase the condo.