#THECLOSERSDAILY : EPISODE 100: THECLOSERSDAILY EPISDOE 100: SHOULD I LEAVE THE INSPECTION CLAUSE OUT OF MY REAL ESTATE CONTRACT??

 

We made it to triple digits, holy moly. So we had an audience member ask us yesterday about leaving a financing and inspection condition out of a contract because they were going into multiples and what our advice would be. And our advice would be never leave your conditions out of your contract. If you wanna leave your conditions out of your contract, what you should be doing is doing all your due diligence ahead of time. So if you have, say, a week before they're accepting offers, go do a pre-inspection. Pay a home inspector to go through the property. Yeah, it might cost you a couple hundred bucks, but it's the cheapest insurance you can buy. And if you've got major concerns, electrical, plumbing, anything else, call one of those contractors. Bring them through the property. We've done it many, many times, and that has saved us and our clients in many situations where maybe on the surface it seems like they did a great flip of the property. There was one I can remember two weeks ago where the inspector went through and literally everything was wrong with the property. So don't buy anything blind. Do your due diligence. Know what you're getting yourself into. And just make sure you're protected. There will always be more properties.

Disclaimer: "Although care has been taken to ensure the accuracy, completeness and reliability of the information provided, we assume all information is subject to change and should be verified independently by the buyer and their agents.”