Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
General Real Estate Investing
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 about 8 years ago,

User Stats

139
Posts
53
Votes
Adam Juodis
  • Plainfield, IL
53
Votes |
139
Posts

Contingencies and Earnest Money

Adam Juodis
  • Plainfield, IL
Posted

Say I find what seems to be a very good deal and I do not have the time to visit before putting in an offer. In this case, once the offer is made and an inspection contingency is established, would I be able to back out and recover my earnest money deposit if the inspection found things that were not explained in the listing? What kind of things have do be found during an inspection to back out?(Does it have to be costly rehab items, such as foundation, mold. Or would a bunch of minor $ repairs qualify as well?)

Loading replies...