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Updated 10 months ago on . Most recent reply

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Ryan Earl
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Is it common to insist on contract before inspection?

Ryan Earl
Posted

Hi there! I am just an average Joe trying to sell our house to investors (ski resort town three hours east of SF if anyone is interested) - I just wanted to check in and see: Is it common for an investor to insist on entering into a contract before they inspect (where they have 2 weeks to inspect and cancel if they don’t like what they see & if they do they will close within one month)?

Should I insist they inspect first so that we aren’t placed under contract in case they don’t want to buy? Or is this a commonplace scenario?

Thank you,

Ryan

Most Popular Reply

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AJ Wong
  • Real Estate Broker
  • Oregon & California Coasts
524
Votes |
653
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AJ Wong
  • Real Estate Broker
  • Oregon & California Coasts
Replied

Very common. Most buyers don't want to commit to an inspection expense prior to reaching terms. You could consider a sellers home inspection (paid for by you) prior to listing the property so that buyers make their offers based on known areas of attention. Use caution as an anything not functioning or highlighted for repair will need to be disclosed. 

If it's a clean property that is expected to be competitive, it's a worthwhile seller investment. 

Let me know if we can help support your sale in anyway we have a 1500+ investor list throughout CA & OR. Good luck! 

  • AJ Wong
  • 541-800-0455
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Fathom Realty
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