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Updated over 9 years ago on . Most recent reply

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Steven Turner
  • Wholesaler
  • Saint Paul, MN
0
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16
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Inspection Addendum

Steven Turner
  • Wholesaler
  • Saint Paul, MN
Posted

When you have an inspection addendum are you required to have a professional or contractor inspect the property in order to cancel the contract. Especially dealing with reo's.

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Rob Beland
  • Investor
  • Leominster, MA
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Rob Beland
  • Investor
  • Leominster, MA
Replied

Typically the addendum gives you the option of having an inspection done. It doesn't mean you have to do the inspection and it shouldn't require any specific licensing. You could have a friend that is a contractor walk through with you or you could do it yourself if you have experience. I've never seen a requirement that you hire a specific professional.

Hope this helps @Steven Turner

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