A real estate agent is a REALTOR when he or she becomes a member of the NATIONAL ASSOCIATION of REALTORS, The Voice for Real Estate, the world''s largest professional association. The term REALTOR is a registered collective membership mark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS and subscribes to its strict Code of Ethics. <="http://www.realtor.org/mempolweb.nsf/pages/printable2006Code"<>/a>
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The best way to protect yourself is to hire an experienced home inspector to check the house's structure and systems, including the roof, heating, plumbing, electrical and air conditioning systems.
The cost of a home inspection ranges between $250 to $500. If you can, have the home inspected after you agree on a price, but before you sign the contract and put down a deposit. If you are in a rush to go to contract to lock in the deal, make sure your contract states that the terms of the purchase are conditioned on the approval of a professional home inspector.
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