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Updated over 9 years ago on . Most recent reply

User Stats

356
Posts
213
Votes
Mike Krieg
  • Investor / Syndicator
  • Austin, TX
213
Votes |
356
Posts

When would you forego an inspection?

Mike Krieg
  • Investor / Syndicator
  • Austin, TX
Posted
Are there any situations that might cause you to skip an inspection? I have a prop under contract that is pretty new(built in 2011). I did a walk through and everything looks good. And I know the seller on this particular deal isn't going to give anything away if I find some small issues. I am of the opinion that I might just get a warranty and proceed to close. I may also be able to get an hvac and roofer out to this prop for nothing? Thoughts?

Most Popular Reply

User Stats

4
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1
Votes
Lester Williams, Jr.
  • Investor
  • Pittsburgh, PA
1
Votes |
4
Posts
Lester Williams, Jr.
  • Investor
  • Pittsburgh, PA
Replied

Not having an inspection is an excellent idea, IF you want to make a mistake.  Sometimes what seem like minor things end up being a lot larger than they seem. Spend the money for an inspection. 

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