Inspections.
Hi,
I am talking to some potential sellers and plan to wholesale the deal if possible. Now before coming up with an offer, how do I deal with the following?
- How do I get a estimate of repair? Should I hire a professional contractor to give a estimate? Are there agencies which do this work for investors?
- Same with termite inspection? Should I get a clean termite report before making an offer?
- Who pays for these inspections, the buyer or seller?
- What do I need to be careful about when doing a simultaneous close or assignment of contract
- Is it recommended to have a real estate attorney prepare the offer letter and all the paper work required?
Thanks in advance for your suggestions.
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