Could too many inspections kill deal?

[Darius Lipsey]

Hey BP,

My first duplex is under contract and will be financing using a VA home loan. I have a whole home inspection scheduled that will include visual mold, and radon inspections as well. The seller is paying for termite inspection. My original intent was to get plumbing, electrical, roof, and HVAC inspections in addition to whatever else the whole home inspector recommended for my own piece of mind.

Well, I was urged by a local investor to take caution and only get follow up inspections if red flags showed up in the general inspection report. He said by getting as many inspections as I can, combined with the pressure from VA loan that, I could be killing the deal.

How have some of the more seasoned investors handled more inspections than needed on the buyer side as well as on the seller side of the equation of VA or FHA loan?

[Christine Kankowski]

The general home inspection will cover the plumbing, electrical HVAC and roof.  Sometime they dont actually get on the roof, but they do what they can and will let you know if there is a reason to get a more detailed inspection of the roof.  If something is not right, the inspector will suggest an expert go. 

For example if he sees what could be mold, he will tell you go get a pro to test it.