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May 26, 2012, 01:00:21 AM

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Real Estate Investing Forums  |  Real Estate Investing  |  Carlton Sheets, Beginners, Courses, Gurus, General Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: Inspection « previous next »
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Rtyson
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Posts: 4


« on: August 25, 2003, 10:24:18 PM »

:oops:

Rtyson in St. Louis;

When I place a contract on a property should I make it contingent on an
inspection?  

My current house that I occupy was inspected but 1 month after purchase
I found out that the sewage system was backed-up and it could
have possibly been a collasped sewer system(clay).  Thank goodness it wasn't but I felt that the inspector should have been liable to a certain degree.

What's your thoughts?  How in the heck do I find a competent inspector?

This pronmpts another question, when purchasing property from a
wholesaler( 'as is' ) what steps would you recommend in the purchase process?

1) place contract on potential property with inspection contigency clause
2) have property inspected by a professinal
3) determine repairs/rehab cost
4) re-negotiate if necessary
5)........


What would your process be, greatly appreciate your response!


Rtyson
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tedjr
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Posts: 2403


« Reply #1 on: August 26, 2003, 04:29:53 AM »

When you hire an inspector you get an inspection for what ever it is worth. If you know about construction and sewer lines and things like that then you do not need an inspector. If the house is totally trashed and everything is wrong then why bother. The inspections are limited to what is seen and used and observed. Surely you do not want an inspector to dig up the sewer lines to see if they are clogged or crushed. There are companies with camerias that can send them down the lines if that worries you when you buy a property and you want to spent hundreds to get them inspected. Inspectors use language such that they are not liable for unseen potential hazards and should only be held liable for negligence. If there is sewage all over the yard and the inspector says the line are OK then take um for all they is worth.

Thank you,

Ted P. Stokely Jr
11505 Sw Oaks
Austin, Texas  78737

512-301-9171 home
512-587-6177 mobile
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Ted P. Stokely Jr

San Antonio, Texas
tedjr
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« Reply #2 on: August 26, 2003, 09:44:37 PM »

The wierdest thing just happened today. The sewage in the house I just sold last week backed up just hours after I wrote the above response. The buyer had an inspector look over the house too. We ran water in every faucet and toilet for hours checking everything in the house and the lines. This morning a got a call from the buyer that the house had flooded. We found some roots that had gotten the the lines at a tee in the line just out the back from the slab. It was just too wierd that this happened and  this happened today. No way the buyer or me or the inspector could have located this without cameras thru the lines

Take care and hope my experience helps a little to someone

Thank you,

Ted P. Stokely Jr
11505 Sw Oaks
Austin, Texas  78737

512-301-9171 home
512-587-6177 mobile
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Ted P. Stokely Jr

San Antonio, Texas
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Real Estate Investing Forums  |  Real Estate Investing  |  Carlton Sheets, Beginners, Courses, Gurus, General Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: Inspection « previous next »
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