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Updated over 9 years ago on . Most recent reply

User Stats

603
Posts
130
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Adam Craig
  • Investor
  • Cleveland, OH
130
Votes |
603
Posts

Do you put a home inspection contingency in your offers?

Adam Craig
  • Investor
  • Cleveland, OH
Posted

Do you put a home inspection contingency in your offers?

I just switched from bank financing to all cash offers, then I rehab/rent/refinance. I like the idea of all cash for easy closing. 

I am still putting home inspection contingency in my offers which makes my offer inferior to a no contingency offer. 

I own 16 rentals and have walked through 250+ houses so I do have some experience. Should I bail on the home inspection contingency considering I am doing a pretty extensive rehab most times? Or is it perfectly acceptable and expected by the bank/owner.

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