Inspections and Appraisals
Most buyers schedule a property inspection within the agreed timeframe of the purchase contract. Some buyers engage specialized inspectors for various aspects like roofing, HVAC, or structural assessments.
The Closing Agent
The buyer selects a closing agent which is a Honduran an attorney and Notary to examine and ensure clear title to the real estate. The closing agent investigates the property’s recorded history to certify that the title is free of encumbrances and that any new encumbrances are properly accounted for.
Contingencies
Contingencies are conditions that must be met before a contract becomes binding. For example, a buyer may include a contingency stating that the contract is binding only after a satisfactory home inspection report.
Buyers thoroughly review property documents, preliminary title reports, and conduct inspections to assess property condition. Depending on the outcomes, contingencies are either resolved, or buyers may request renegotiations, typically concerning the price.
Our experienced agents will guide you through this process, ensuring fair and objective responses to buyer demands.