Secrets of Inspections

In this module (31 of 46 in the Real Estate Investing Secrets course), you will learn:

• An overview of 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 and prevent 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?

• Which items 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 objections 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, much more…

Secrets of Inspections

Here are the slides from the presentation for your convenience…