So what else can we do throughout our contingency period (17 days)? Well…you don’t have to do anything, but there are probably a couple things you WANT to do to find out everything you can about the real estate in order to assess the potential of the investment. Inspections, inspections, inspections!
If you recall from our last update, I mentioned we had a visual and pest inspection completed on the property. Although the sellers did provide a visual inspection as part of the disclosures, we felt it was still a good idea to fork out the cash and get our own inspector to tag along with. Not included in the disclosures was a pest inspection. The property is old, built in the 1940s with a crawl space below…aka safe haven for nuisance organisms. As a result, we definitely felt the need to have a pest inspection done. So, what were the findings?!?!