Buying with no Inspection Contengency?
Hi BP?
I made my first Offer on a SFH in a market out of state through my RE Agent with the goal to hold for cash flow. I made a cash offer with a 14 day close, and a 7 day inspection contingency window. My agent said wrote up and sent and offer in the morning, and the offer was to expire at 9pm the same day. The seller is a wholesaler and they didn't get back to us until 4pm the following day by email. The seller apologized that they didn't get back to us until after the offer expired. They said that if I still wanted the property they wouldn't agree to an inspection contingency , but I could have someone come look at it at 9am the following morning of the email. I ultimately decided to retract my offer because I would feel uncomfortable with such a short window to perform any inspections. There was no formal counter offer sent, just a loosely worded email. Did I make the right call? And secondly, is this normal- should I expect this in the future? Thanks in advance.