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Forums » Starting Out » Putting in contracts that don't allow contingencies

Putting in contracts that don't allow contingencies Subscribe to Putting in contracts that don't allow contingencies

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Terry Royce

Real Estate Investor · Baltimore, Maryland


Forum_avatar_avatar-troyce1

Icon_minipost Jun 15 '08, 09:37 AM

I want to put an offer on a bank owned property. The listing states that there are certain adendums to accompany the contract. They state that termite and home inspections are for buyer's info only.

So my question is I want to get the inspections for my knowledge, but I don't want to spend the 300+ dollars if they are not going to accept my contact.

Is there any way around this? Or is there any way to tie up the property some other way?

Edited: 06/26/2010 at 05:20AM


Pat Zorne

Real Estate Consultant · Las Vegas, NV


Forum_avatar_avatar-bubba

Icon_minipost Jun 15 '08, 11:42 AM

You can still submit the offer to the bank with a contingency on the home inspection. Put it in your contract that the buyer has 10 days from bank acceptance to perform a home inspection. That would cover you.

Edited: 06/26/2010 at 05:20AM


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