Weird Listing Agent Contingency

[Chris Rose]

I have been working with a real estate agent on a potential flip property. She contacted me today saying the listing agent said that the potential buyer would have to buy the property with cash or conventional financing and no home inspection. She said that there was an offer currently on the table and wanted to know if I was still interested. Can anyone explain if these type of contingencies are part of normal negotiations or is this some kind sales trick? I can kind of understand the financing but why no inspection. That seems like a deal breaker to me.

Thanks for your responses,

Chris

[Russell Brazil]

If I received an offer from someone who did not see the property, I would only accept the offer if there was no inspection contingency. If they have not seen the property, and insist on an inspection, I anticipate the buyer is just wasting our time.