Seller says no inspection as part of terms.

Coatesville, PA · Member since 2016 · 21 posts · 1 vote

Is it a bad idea to forgo an inspection on my first flip? What reason would the seller terms be "no inspection, close less than 30 days."? Home looks good and has been well kept. I have not agreed to anything and so far I am leaning towards finding a different property to flip. Any thoughts?

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Jeff B.
Buy & Hold Owner · Redlands, CA · Member since 2015 · 5k+ posts · 2k+ votes
9y
hmm; He knows something OR wants immediate transfer to exit responsibility.
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Miguel Torres
OP
Coatesville, PA · Member since 2016 · 21 posts · 1 vote
9y
Thanks. Needed the reassurance. The search for the first one has been long. Learned a lot on the way though.
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JD MartinBusiness Member
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Rock Star Extraordinaire · Northeast, TN · Member since 2015 · 10k+ posts · 16k+ votes
9y
No inspection, or no inspection contingency? 2 different things. I don't think I've ever seen a contract that prohibits inspection altogether. The ability to back out of the contract based on what you find in an inspection is a different matter. I have bought homes with no inspection contingency, that I have already walked through on my own.
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