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Updated almost 17 years ago,

User Stats

203
Posts
1
Votes
Fred Shandler
  • Real Estate Investor
  • Jersey City, NJ
1
Votes |
203
Posts

Question about purchasing, while not using a relator

Fred Shandler
  • Real Estate Investor
  • Jersey City, NJ
Posted

(whether it be via bird dog, wholeseller, FSBO)

After you've located and viewed a property, is a letter of intent the next step?

If the initial offer is not accepted, is one new letter of intent needed for every subsequent offer made?

Is acceptance of the offer followed by a purchase contract?

How long does a seller usually take to accept or counter?

How long after they accept do you send a purchase contract (if, that is even the next step)?

Thanks!
Fred

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