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3 September 2022 | 15 replies
And then there are buyers willing to roll the dice and forgo important contingencies like the home inspection in order to sweeten their offer.
19 August 2022 | 3 replies
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
19 August 2022 | 2 replies
They would like us to agree to current offer and waive inspection contingency.
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20 August 2022 | 13 replies
Outside of that, if you are closing today, you are likely past all due diligence contingencies (the time to give any notice, such as lack of leases would’ve been before the contingency expired) and have to proceed to closing
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21 August 2022 | 11 replies
I've bought houses without even going inside and with no inspections or contingency periods.
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21 August 2022 | 7 replies
It is up to you as the buyer to do your own due diligence to verify and also for you and your agent to negotiate contingencies into the sales contract for anything you want/need to verify after the contract is executed (signed).
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31 August 2022 | 3 replies
Have not done inspection, seller is OK with offer contingent offer / inspection findings.
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28 August 2022 | 0 replies
Have not done inspection, seller is OK with offer contingent offer / inspection findings.
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14 September 2022 | 88 replies
We ran the numbers, called our realtor, and had an offer in for a couple-thousand dollars over asking price within an hour, adding an inspection contingency and a fairly quick close date.
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1 September 2022 | 3 replies
Do I need to place an offer with inspection contingencies?