What Is Inspection Period?
Also known as: Due Diligence Period
An inspection period is the contract window that allows the buyer to inspect the property and cancel under agreed terms before the deadline.
An inspection period is the contract window that allows the buyer to inspect the property and cancel under agreed terms before the deadline.
Inspection Period explained
Inspection periods protect wholesalers while they confirm condition, repair scope, title, and buyer interest. A long inspection period gives more time to disposition the deal, but sellers may resist if they want certainty. A short period creates urgency for the team to move fast. The key is knowing the deadline and treating it seriously, because missing it can put earnest money at risk or weaken your negotiating position.
Example
Your contract has a seven-day inspection period. The team gets photos, checks title, and sends the deal to buyers before day seven.
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