Vacant land deal - Buyer requesting $3k survey, what should I do?

[Zac Caudell]

I'm working on a vacant land wholesale deal and one of my potential buyers wants a $3,000 boundary survey done. He claims to be very interested, but I hesitate to drop the money on a survey because it doesn't necessarily guarantee the sale. There's a potential $19,000 profit in it so it's not like I won't make anything, but I'm not sure it's worth losing $3,000 to maybe sell it now versus 1-3 months from now. Anyone have any ideas about how to structure the deal so that he gets his survey and I don't lose $3,000 if he decides not to buy?

@Seth Williams, @Mark Podolsky How have you guys handled the survey issue with your land deals in the past?

Thanks.

[David Wurzel]

@Zac Caudell

A.  Find another buyer.

B.  Have him pay for it.  If I am correct, when I bought my house, prior to closing, I paid for the survey.

If they are interested, they'll cough up the money.

Did you ask him what interest he has in the survey.

BTW  Never heard of such an expensive survey.