Tuesday, October 02, 2012


Will I need to pay for anything until I close on the house?

Yes, be prepared to pay for inspections and maybe even the appraisal at the time of the inspection or service.  While some of these items sometimes are negotiated for the seller to pay, a lot of sellers are requesting that the buyer pay for any inspections that are necessary for the buyer's purchase.

According to our contracts in New Mexico, you have a 'due diligence' period in which to get all of your inspections done that you want performed to satisfy your questions on the property.  Some inspectors will require payment at the time of inspection.  Some will waive the fees until you close.  Just be sure when you are preparing to purchase a home, that you factor in some of these early 'out of pocket' expenses.

If you have any questions that you would like answered, simply post a question below and I'll get to it right away!

Post a Comment

Blog Archive

About Me

My photo

I believe in a consultative approach to buying and selling homes.  Albuquerque is my home and I love the gorgeous surroundings, the breathtaking scenery and blue skies that are everywhere.

I love the pueblo style homes and the contemporary masterpieces that our artists have created - everywhere there is beauty!