Property Inspection Question?
Who pays for the inspection when I'm wholesaling a property? Does my buyer pay for it or do I have to?
Who pays for the inspection when I'm wholesaling a property? Does my buyer pay for it or do I have to?
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
Thanks Jeff!!
In MA, the inspector works for, and is therefore compensated by, the buyer.