General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Help - To waive inspection or not?
Here is quick situation. MFH went on market. Few days later it was under contract. Buyer did inspection and then cancelled so property is back on market now. In the MLS, the inspector's report is attached showing details of the property. Roof is 25yo, mold removal in 1 unit, and needs 1 new AC along w/ a few other minor fixes.
Listing agent says they do NOT want inspection contingency and are offering me a lower price than what they are asking since it will cover new roof, etc. LA is saying that I may call the inspector that did the inspection, however, I still feel like I should do my own inspection.
What are your thoughts? Should I lower price even more in leau of inspection contingency?
Thanks!!