Due Diligence property inspections worth while?

1 Reply

Todays market with multiple offers can make a property inspection a minor concern even at the pre-offer level.  To get a property under contract, the inspection contingency could be ignored based on the sellers most recent inspection of the property.  Risky, but to land a property make take additional risks.

You could also have a home sale contingency for informational purposes only, with the option to release. This give you the option to do a home inspection, and release if its bad, but ensures the sellers that you won't be asking for a laundry list of items. I use these frequently and see sellers very open to them as opposed to a full inspection contingency. 

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