Ordering a home inspection and closing process in wholesaling
Hey guys,
I'm gearing up for my first wholesale and I've been trying to understand the home inspection/closing process. A few questions:
1. Would the buyer order the home inspection to ensure that there are no major structural defects in the property (ie: plumbing)?
2. Further - if the buyer backs out after I've initiated the double-close, how would this affect me? Would I get the contract back or would the entire deal not go through?
3. When doing an assignment or double-close, do I take the deal to the title and escrow company or is that the buyer's job?
Thanks BP!