Step 7 - Congratulations - You Have A Contract!
After successful negotiations and some compromise, you have entered into a valid purchase contract for the property! There are several buyer protections laid out in the RPA including, the right to physically inspect the property you are about to own! We at Pacifica West Properties always recommend that our clients approve their physical inspection BEFORE opening escrow. If for some reason you dispute something found in the physical inspection and you cannot come to agreement with the Seller to remedy the problem, you may mutually cancel the contract and avoid hundreds of dollars of escrow fees!