4．Deposit & Home Inspection: 

Once your offer is accepted by the seller, who then signs the contract, you are expected to send earnest deposit to the seller or the assigned title company (usually within 2 business days), and conduct a professional home inspection (usually within 7 days). The purpose of the home inspection is to ensure that the property does not have major issues such as structural defects, termites, serious mold or roof leaking. When purchasing foreclosure properties, the bank/seller will use an “as-is contract” only, which means the property is sold in as-is, where-is condition. The bank/seller will not do any repairs if problems are found, but you have the right to withdraw from the contract and request your earnest deposit be returned to you, should you decide not to move forward with the purchase. Therefore, it is important that you review the inspection report carefully and notify the seller in writing within the inspection period whether you intend to move forward with the purchase. Otherwise, you stand to lose your earnest deposit . If a regular contract is used, the seller is required to fix any problems found before delivering the property for closing.

4．交定金和房屋检查：
一旦您的出价被卖方接受，合同经买卖双方签字生效后，您就要将订金交到过户公司，并在合同规定的时间（一般是7天）内安排房屋检查，阅读检查报告，确认房屋没有建筑结构问题，白蚁，严重霉菌和漏雨等问题。目前在购买银行法拍屋时，银行普遍要求使用无修理条款的合同（AS-IS CONTRACT），这种合同规定卖方不会对房屋进行任何修理，房屋就按现在的状况成交，但是您有权利在合同规定的检查期限内检查房屋，如果不满意房屋的状况，可以取消合同，要回订金，所以，一定要在检查房屋期限内，用书面的形式通知卖方，是否继续购买，否则会损失订金。如果使用的是普通合同，当然可以按照合同要求卖方在过户前修理检查报告中列出来的问题。