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Updated almost 9 years ago on . Most recent reply

Daniel Patton's profile image
Daniel Patton's profile image
Daniel Patton
  • Real Estate Investor
  • from Chicago, Illinois
  • Member since Feb 24, 2016
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User Stats

70
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7
Votes
Daniel Patton's profile image
Daniel Patton's profile image
Daniel Patton
  • Real Estate Investor
  • from Chicago, Illinois
  • Member since Feb 24, 2016
Connect
Daniel Patton
  • Real Estate Investor
  • Chicago, IL
7
Votes |
70
Posts
Buying & Selling Real Estate

Inspection Period

Daniel Patton
  • Real Estate Investor
  • Chicago, IL
Posted
Is the time period between putting down your EMD and the point where your deposit "goes hard" called an inspection period? Are there any other terms for it? Also, are you able to cancel the contract at any time during that period for any reason?
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