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Updated over 2 years ago,
Who pays for Inspection if deal falls through
Hello, say that you have an offer accepted with an inspection contingency and hypothetical $2,000 in escrow. You pay $500 for a general inspection and figure out the deal will not work after the inspection and bids from contractors you choose to back out. Am I assuming correctly that You would get the $2,000 back that is in escrow but still be liable for the $500 you paid for the inspection and any additional inspections you choose to have?