Property Inspection Question?

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Who pays for the inspection when I'm wholesaling a property? Does my buyer pay for it or do I have to?

Comments(0)

  • jeff1200219th April, 2004
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    Reply

    A good rule of thumb that I recommend you consider is this. Who will benefit from the item? In this case, your buyer. You are selling the property as-is with no warranties correct? To an investor that intends to rehab the property. Why do you care if the outlet in the spare bedroom doesn't work? If they want an inspection, let them pay for it.
    Good luck,
    Jeff

  • pannet19th April, 2004
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    Reply

    Thanks Jeff!!

  • Boston19th April, 2004
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    In MA, the inspector works for, and is therefore compensated by, the buyer.

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