San Antonio Real Estate Investing & Real Estate Financial Planning™ Podcast

Secrets of Inspections

Listen Later

Learn the secrets of real estate inspections when buying in San Antonio.

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.


    Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

    https://RealEstateFinancialPlanner.com/spreadsheet

    Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

    Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the San Antonio real estate investor podcast? Book a free consultation to discuss.

    ...more
    View all episodesView all episodes
    Download on the App Store
    San Antonio Real Estate Investing & Real Estate Financial Planning™ PodcastBy James Orr