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Updated about 4 years ago,
First time buying cash
I found a property for sale that meets my numbers. I plan on paying cash. It is an assignment contract so the seller isnt the owner. Is it relatively the same as a conventional purchase as far as being able to get an inspection and back out if things are revealed that werent necessarily disclosed? It's a duplex with 1 side currently rented and according to seller, the other side is rent ready. I told him I could close asap as long as an inspection didnt reveal the house was actually falling down.
Any advice would be appreciated!