Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

15
Posts
1
Votes
Paul K.
  • San Francisco, CA
1
Votes |
15
Posts

Contingency language in offer letter

Paul K.
  • San Francisco, CA
Posted

Hi BP community,

I was using sellers agent to represent me as buyer for a duplex. It was in decent shape but the As-Is offer "buyer buying a duplex in as-is condition without any warranty".. so I wanted a contingency of satisfactory inspection.

The agent finally agreed after a long conversation and included "Purchase contingent upon Home Inspection by professional inspector."

Would that have protected me as a buyer if major things came up in the inspection?

Theres is no language included stating approval, satisfactory, etc., but only that an inspection should be done.

Thoughts?

Thanks in advance!

PK

Loading replies...