Updated almost 6 years ago on .
Open house inspection period
I am about to close a deal that has enormous potential and could create a bidding war due to amazing location. Even an opportunity to tear down house and build multifamily to make massive cash flow. Gas station right next to property and house is on huge amount of land. Highly sought after location.
The idea of an open house inspection came to thought because there is a family member currently living in the house that has a medical issue. Would like to limit exposure encounters to cash offers that might fall through due to inspections. House needs a lot of work, seller needs an open timeline to close (to get family member out of the house and into an assisted living center), and the house needs to be cleaned out in the process of moving her out.
Has anyone used this as an updated method due to covid or just medical issues from the seller?
If not, what are some other recommended methods I could use to accommodate the seller?
Any other recommendations are highly appreciated.