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May 24, 2012, 11:29:29 PM

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Real Estate Investing Forums  |  Real Estate Investing  |  Bird Dogs, Wholesaling, Flipping Properties Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: What about termite inspections? « previous next »
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Author Topic: What about termite inspections?  (Read 1171 times)
snjbrian
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« on: August 06, 2004, 09:08:55 AM »

Hello all,

I was wondering about termite inspections and if they were necessary if I am going to flip a property to a buyer or investor. Is it necessary? If I don't do it will it come back to haunt me legally or otherwise?

I am not holding, I am strictly passing these deals onto others. If I did plan to buy and hold I would definitely do it for myself.

I have read tons of material on investing, flipping and I don't ever remember reading anything about termite inspections...lol

Thanks for the advice,
Brian
« Last Edit: August 06, 2004, 09:09:12 AM by snjbrian » Report to moderator   Logged
Heather_Tx
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« Reply #1 on: August 06, 2004, 04:26:08 PM »

If I were just wholesaling a property, no I wouldn't get termite inspection... UNLESS I saw quite a bit of damage, and was concerned that the home may have structural issues do to so much damage. And I would do this to use is getting my price even lower so that it wouldn't be an issue to a rehabber.       Most rehabbers can look and tell the extent of damage enough to know if further investigation is a must due to very bad infestation.  

Hope this helps,

Heather Zaal
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Real Estate Investing Forums  |  Real Estate Investing  |  Bird Dogs, Wholesaling, Flipping Properties Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: What about termite inspections? « previous next »
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