Secrets of Inspections
Learn the secrets of real estate inspections in Westminster.
Learn the secrets of real estate inspections when buying in Westminster.
This class is Module 31 of 46 in a series called Real Estate Investing Secrets.
Topics covered in this module include:
- An overview the entire inspection process including choices and paperwork required
- What level of inspection are you doing prior to going under contract?
- Why dates and deadlines are critically important for keeping your earnest money or preventing a lawsuit
- What can you inspect during your inspection period… and what’s off limits?
- Why you need to operate in good faith and what that means
- Can buyers object to anything and everything? The answer may surprise new investors.
- Can buyers use inspections as a “I changed my mind” clause?
- Can buyers use inspections to terminate if they can’t find a buyer for their wholesale deals?
- What constitutes inclusions for a contract? And, can you object to the inclusions?
- What things that are not attached to the property are actually included?
- Is it true you can object to activities, odors, noises or how you might expect the occupants to be affected by such things?
- Can you object to not having fast internet? Or, other utilities?
- How objecting and resolutions work according to the paperwork
- Who are the parties involved in the inspection… including one you probably didn’t expect that can kill your deal
- Tips on negotiating win-win inspections
- Why you should insist on adding these extra dates to your inspections that most folks do not
- What happens if repairs are not done prior to closing
- What special title insurance add-on should you get if you’re objecting on inspection
- How to encourage a seller to accept your preferred inspection resolution suggestion
- Plus much more...
Check out the video and additional resources related to Secrets of Inspections.
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