Secrets of Inspections

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

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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