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Updated over 7 years ago on . Most recent reply

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115
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Tony H.
  • Rocklin
37
Votes |
115
Posts

Seller refuse "subject to inspection" offer

Tony H.
  • Rocklin
Posted

Hi BP,

I am interested in a duplex property in Carmichael, CA. The seller refused to take any offers that have "subject to inspection" clause in it.

I take this as a big red flag that he is hiding something.

Fast forward 2 weeks later, they informed me that the tenants at the duplex are opening their doors for any potential buyers to look at. I didnt have to go there since it was such a short notice. So, I asked my agent to go there and look.

He told me that the units look good and that he doesnt see any major repairs needed.

So, why is the seller not wanting any offer with "subject to inspection"?

Is he hiding something? 

Also, I got copies of the tenants lease agreement. One of them violate the agreement by having a HUGE dog in the unit, while her lease says NO PETS. - lol..


Thanks BP.!

Most Popular Reply

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2,345
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3,010
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Nick C.
  • Investor
  • Tampa, FL
3,010
Votes |
2,345
Posts
Nick C.
  • Investor
  • Tampa, FL
Replied

In addition, there's some inspectors out there that would be better off writing horror novels. They're extremely dramatic, and everything is catastrophic. 

We recently had a lightbulb burn out on a house we were flipping, and the inspector sited it as a "Major Concern" and recommended having the entire electrical system upgraded by a licensed electrician. Inexperienced homebuyers hear this and get cold feet real quick. 

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