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Jeff Morelock
  • Real Estate Agent
  • Milton & Pensacola Area, FL
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357
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Are Inspection Periods Killing Deals in Your Area?

Jeff Morelock
  • Real Estate Agent
  • Milton & Pensacola Area, FL
Posted May 14 2021, 16:10

Multiple offers and highest and best offer deadlines are normal in the Pensacola Florida market, and have been for the last several months. But now, investor-buyers not only need to worry about out-bidding competition on price, sellers are also demanding that inspection periods be waived for fixer-uppers.

I guess it’s not all bad. Investors with the ability and confidence to walk into a property and accurately estimate rehab costs have a huge advantage in this market, but it looks like inspections periods are becoming deal killers – at least in hot markets.

Are inspection periods killing deals in your area?

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