Will a cash offer on my house go down after they inspect it?

No, but only if the offer is made after the house is inspected. At least, this is how I handle it at Danny Buys Houses. If you receive an offer from a cash home buying company, they will likely not make the offer until after inspecting the house.  It is important to also clarify what is meant by the inspection. Some companies will get a professional inspection, but most do not.  

I have been buying houses for investment for over 23 years and have a good idea of what to look for.  For this reason I do not hire a professional inspection.  This means that when you call me for a cash offer, I go and visit your house personally.  There I will look at what needs repair and updating and will determine your offer based on what I find.  

My latest acquisition was from a couple that were concerned about this very thing.  While discussing the next steps after making the offer, they asked if I would have to have more follow up inspections and whether my offer will stay what it is.  I told them the offer would absolutely stay the same and that there would not be any more inspections.  

Now, I am not perfect and have made mistakes in the past. 

Early on, I mistakenly wrote down that a house had 3 bedrooms when it in fact only had 2.  I made the offer based on having a much higher resale value and did not realize my mistake until a couple days later when I was reviewing the house pictures I took for creating a scope of work.  The deal would lose money at the price I had agreed to.  In that situation I did have to contact the seller and very sheepishly asked if they would agree to a lower price due to my mistake.  We did have a contract so I would have honored it had they said no. Thankfully they agreed and we still closed quickly.  

Since then, I have vowed that I would be more careful in my analysis as to not make that mistake again. I have since made some smaller mistakes but always bought at the agreed upon price.  

If you want to get a cash offer for you San Antonio house, please visit my website at https://dannybuyshouses.com. I would love to talk with you about your situation and help in any way I can.