Example: (SF)Price: 500kOffer: 550k, No inspection, 15 day closeWe got beat out by a 90k over asking offer. 😨 This is getting ridiculous.  

You have to inspect and maintain the home religiously, but its so worth it.

During inspection, we found foundation issue on concrete slab house, water turned off so can’t check for any leak, can’t find sewer clean out, can’t check if toilets are draining properly.

@Adam Thomas Welu the quality of turn-key companies can vary a lot, Here are some key things to look for.In general, the ones to avoid are the ones that: Don't allow financing or a finance contingency (it can be a good indication they are selling above market value) Don't allow for your own independent property inspection Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors) Require you to pay for any renovation upfront Sell only in cheap. low end neighborhoods Don't accurately represent the neighborhood/property classification Don't have consistent rehab standards for all properties Don't provide a scope of work for the property Can't provide references of repeat investors

Un-permitted work is often of no value, or of lesser value because there is no official inspection saying the work was done up to code.  

A post-occupancy inspection for damages.4.

I would need to send them an offer, along with $50,000, no inspection of the property permitted.That price was way out of line with the market, even his $600k was high. 

After you make an offer be sure to get a good home inspection, even if the house is as is.

Should have had a little more thorough inspection process done.

Title companies don't want the responsibility, in most cases, of obtaining the affidavit. (2) T-19.1 and T-3 are my most commonly requested endorsements, and are less expensive if purchased together. (3) In order to get "Right's of Parties" removed, most title companies will say they will have to do an inspection of the property.