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.
Coronavirus Conversation
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 over 4 years ago,

User Stats

3
Posts
2
Votes
Andrew Smith
2
Votes |
3
Posts

A contingencies question

Andrew Smith
Posted

So say I waive all contingencies on my offer EXCEPT home inspection, but then I have an issue with something I waived, for example:

I waive the radon contingency, I do the radon inspection anyway and it comes out that there is radon to be mitigated. Can I use that as a bargaining chip on my inspection contingency by telling the seller: "Look, I will be ok with x that needs to be replaced based on the inspection but because of the radon mitigation I want $x amount off the property" or would that be illegal/breach of contract because I technically waived that particular contingency? Because my understanding is I have an out regardless, which is based on my satisfaction of the inspection results.

Loading replies...