Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply

Abbreviated Inspection Period on Foreclosure
I'm in the process of negotiating with the foreclosure bank through my realtor. I plan to fix the house up and flip it. The bank's most recent offer reduced the original 10 day inspection period to 3 days. I think I can get the home inspector and several of the contractors I am likely to use to give me an idea of issues and costs in that timeframe. However, should I be concerned that there is something seriously wrong with this house if the bank wants such a short inspection period?