BTW, I saw 60Minutes and I was more impressed with Romney in that interview, I wish he had been specific but they got him closer than anyone else to date in the media or in his rallies, he was clearer and while I don't agree bottom line, he did make a better presentation and I can see how his base is so insistant. :)We will see if the debates can change anything, but I think it looks like BO will be taking it.

I put a property under contract from a wholesaler "as is" and no inspection contingency (but no major defect warranty) and paid $1000 EMD.

For example, once you make the repairs, you call us, we go to inspect, and reimburse you for the work done.

I'm proud to be a capitalist.I have been hearing about tougher inspections too.

I'm wondering if to even have an inspection done as to the possible extent of the damage.

From what I've read it would be advantageous to have a property manager inspect the properties with me so I can have a clear idea from his point of view what needs to be done with the property.

And then you'll be held to that.But again, it sounds like you're new to this, which means you're probably not ready to deal with all the aspects of selling a house (dealing with agents/buyers/showings, negotiation, contracts, coordinating inspections/appraisals, dealing with closings, etc), and you certainly don't want to leave this all up to the buyer's agent.So, find a great listing agent to handle all this for you...

They may even come back with a counter that gets closer to your ball park figure.

For car loans, you'll have a lender's blue book with a stated value for collateral, that value may be adjusted slightly due to the condition and the inspection by the lender.

I got a homeowner who wants to help her mother get rid of her home and an investor who is interested in the property.I plan to inspect the property tomorrow, take notes & photos and forward the info to the investor.