Real Estate Broker · Indianapolis, IN · Member since 2015 · 112 posts · 64 votes
So say you have a deal and get it under contract using an assignment contract, do you as the wholesaler have a home inspection done or is this normally done by the end buyer? Do most end buyers require a home inspection before purchase or does it depend on the end buyer?
I would assume at some point between signing the contract and closing a home inspection is done but I couldn't find out who pays for it and when it takes place. Thanks for any tips and suggestions!
Most wholesalers and wholesale buyers don't do inspections because they expect the property to be bad, but you should have a general idea of what repairs cost however inspectors are not used for this purpose.