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General Landlording & Rental Properties

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Mark Forest
  • Real Estate Investor
  • Fenton, MI
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946
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Home inspections

Mark Forest
  • Real Estate Investor
  • Fenton, MI
Posted Sep 12 2014, 18:14

It came up in another thread that some of you always have your prospective properties inspected.  

Of coarse I look over each property on my own.  I test the electric for grounding, and examine the main breaker panel for updates.  I look in the crawl space or basement for water or structure issues.  I certainly check the roof.  

If I made my purchase contingent on an inspection by a professional home inspector  the seller will simply go with a buyer that does not require this. To have the inspection done right you would have to have the electric, gas, and water turned on.  I really doubt the bank is going to do that!

I already have to bid over asking to get better houses. I just do not see a professional inspector as being practical. Is this just me?

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