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A client of mine just lost a real estate deal because he skipped a $500 inspection and went straight to the appraisal. The appraisal came back subject to, the lender stopped the loan, and now nobody wants to pay for the repairs.
In this episode, Ryan breaks down what a subject-to appraisal actually means, the common items that trigger one, and why the inspection would have given the investor full leverage to fix, negotiate, or walk away clean. Ryan also walks through the right order of operations for every investment property deal, so nothing surprises you at the closing table.
The inspection is not a contingency. It is the best $500 you will ever spend.
By Ryan DeMent5
5252 ratings
A client of mine just lost a real estate deal because he skipped a $500 inspection and went straight to the appraisal. The appraisal came back subject to, the lender stopped the loan, and now nobody wants to pay for the repairs.
In this episode, Ryan breaks down what a subject-to appraisal actually means, the common items that trigger one, and why the inspection would have given the investor full leverage to fix, negotiate, or walk away clean. Ryan also walks through the right order of operations for every investment property deal, so nothing surprises you at the closing table.
The inspection is not a contingency. It is the best $500 you will ever spend.