Inspection/ contingencies for first property

[Josh Raikin]

Thinking of going into a property in Northern Kentucky. 

What contingencies are wise to put in the offer?

Also, as getting an inspection is a must, what are people's thoughts on a lead paint inspection? I hear it's around $700.

[Dave G.]

What does KY law require? I bought a historic home in Northern AZ and did not have a lead paint inspection. It's 107 years old and I guarantee it has lead paint all over it. It probably has 2 or 3 layers of non-lead paint on top of the lead, so I don't care much. Also, no kids live in the home. So no worries there. Depends on your specifics and intent with the property.