I would never have one of my buyers do any inspections before having a contract signed by all parties - unless they have money they just want to potentially throw away. And, if this is a short sale, I wouldn't have my buyer do any inspections until we had written approval from all lenders. I'm not sure if doing inspections before you have a ratified contract is normal in NY, but in CA we usually wait until we have a contract signed by all parties (and written approval from all lenders if a short sale). Ultimately, it is your decision.
There is no way a buyer should pay for an inspection on a property prior to having a fully executed
NO NOT DO IT!!!!!
Best of Luck to YOU,
Kawain Payne, Realtor
I hope this answered your question! If you have any further questions, please feel free to contact me by the ways below.
Wishing you all the best,
De Vonte Williamson , LSA
Proudly Serving Long Island
Coldwell Banker Residential
"I Stand Behind Getting You Results!
the roof , the electrical, the plumbing etc. 95% of people do itâ‰¥ FDo you know if the house has aluminum wiring. Do you know if the plywood on the roof i s black on the inside? Don't be a fool!
If you do not wish to inspect before, be sure your attorney writes a clause in the contract allowing you out of the deal if the inspection results do not meet with your expectations.
Tom Brady SFR, e-PRO, SRES, GREEN, BPOR
Licensed Real Estate Salesperson
Notary Public, Retired N.Y.P.D. Lt.
#1 Listing & Selling Brokerage in NY
Charles Rutenberg Realty, Inc.
255 Executive Drive - Suite 104
Plainview, New York 11803
The reason for doing the inspection first is to find out first if there are any issues with the house that may change the contract or even change your mind about buying.