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Updated 12 months ago on . Most recent reply
Due Diligence is a scam
I am not sure if all stayed require due diligence money but I think it's just a scam. I have waisted money just to do inspections on as is properties. Yes it's better than buying a money pit but it's adding up. Is it possible to do inspections without DD if I am okay with taking the risk of the home selling??
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- Real Estate Broker
- Cody, WY
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Quote from @Jack Saunders:
I am not sure if all stayed require due diligence money but I think it's just a scam. I have waisted money just to do inspections on as is properties. Yes it's better than buying a money pit but it's adding up. Is it possible to do inspections without DD if I am okay with taking the risk of the home selling??
I'm not aware of any law that requires you to hire a professional inspector. I've purchased several properties that I inspected by myself.
Caveat emptor = buyer beware
- Nathan Gesner
