Redfin

JUNE 21, 2023

From relationship building to conducting due diligence, you’ll be equipped with the knowledge and strategies to enter the world of real estate investing and buy your first investment property with ease. Never buy a property without having an inspection A home inspection is pivotal in identifying potential flaws within a property.

Due diligence 56

Due diligence Earnest money deposit Investor Inspection 56

HomeLight

MARCH 13, 2023

The buyer does due diligence during the option period in California, which is typically one to 10 days. Although there are no required disclosures because the property is being sold as-is, there is an inspection period. I get inspections on big-ticket items like the sewer and the foundation.

Sales 99

Sales Purchase and sale agreement Due diligence Inspection 99

HomeLight

MARCH 13, 2023

As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises. The buyer does due diligence during the option period in Florida.

Sales 89

Sales Investor Due diligence Renovation 89

HomeLight

MARCH 13, 2023

The buyer does due diligence during the agreed-upon option period in Texas (the number of days the buyer has to thoroughly inspect the property and terminate the contract for any reason: typically one to 10 days). Be on the lookout for vacant homes in your development that are undergoing renovations.

Sales 78

Sales Investor House Flipping Pre-approval 78

HomeLight

MARCH 16, 2023

He adds that negotiations and home inspection issues could further reduce the price by 10%. You don’t need the added stress that comes with the risk of the buyer’s financing falling through or a home inspection turning up unpleasant surprises. The buyer does due diligence during the option period in Texas.

Sales 73

Sales Purchase and sale agreement Earnest money deposit Investor 73