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Updated about 7 years ago on . Most recent reply

Kristen Ray's profile image
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Kristen Ray
  • Rental Property Investor
  • from Ellicott City, MD
  • Member since Nov 22, 2017
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Kristen Ray's profile image
Kristen Ray's profile image
Kristen Ray
  • Rental Property Investor
  • from Ellicott City, MD
  • Member since Nov 22, 2017
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Kristen Ray
  • Rental Property Investor
  • Ellicott City, MD
20
Votes |
140
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Buying & Selling Real Estate

Inspections before purchase

Kristen Ray
  • Rental Property Investor
  • Ellicott City, MD
Posted

Hello,

Do experienced investors get a formal inspection done prior to the purchase of a property? 

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Eric H.'s profile image
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Eric H.
  • Real Estate Solutions Provider
  • from Baltimore, Maryland
  • Member since Sep 19, 2014
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Eric H.'s profile image
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Eric H.
  • Real Estate Solutions Provider
  • from Baltimore, Maryland
  • Member since Sep 19, 2014
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Eric H.
  • Real Estate Solutions Provider
  • Baltimore, MD
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Eric H.
  • Real Estate Solutions Provider
  • Baltimore, MD
Replied

@Kristen Ray, Greetings.

Usually there will be an inspection contingency in their offer, allowing them to inspect the property before finalizing the deal. If buyer finds something during inspection that kills the deal, he or she has a way out.

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