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Updated about 9 years ago on . Most recent reply

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10
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Brendon Weaver
  • Bernville, PA
0
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10
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Logistics on Making an Offer After Driving For Dollars

Brendon Weaver
  • Bernville, PA
Posted

Newbie here. After driving for dollars, and contacting the homeowner to make an offer, what are the immediate steps after doing so? I'm in Pennsylvania, so what forms do I use to make an offer and where can I find them? Do I use a title company or a real estate attorney for settlement? Title insurance through the title company? Is it possible to still get a conventional or commercial loan for the offered amount even though the property is not on the MLS? Even if buying "as-is," I can still get a home inspection?

Am I worrying about all the little steps too much, or does the Title Company or Real Estate Attorney take care of all of it?

Any recommended title companies or real estate attorneys in Berks County?

Thanks!

Most Popular Reply

User Stats

757
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318
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David Bokman
  • Real Estate Investor/Wholesaler
  • Philadelphia, PA
318
Votes |
757
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David Bokman
  • Real Estate Investor/Wholesaler
  • Philadelphia, PA
Replied

From the sound of your post it seems that you are trying to Wholesale a deal.....My 100% recommendation for you is to listen to ALL of the podcasts and read everything on here regarding that topic....as many of the things you are asking will be answered and covered

 The answer to many of your questions are NO! Title companies and lawyers have nothing to do with making an offer on someones home. And No you are buying "AS-IS" No inspections...You have to be able to know by looking at property what the damages might and could be. There is ALOT to worry about and understand before you can just go and make an offer on someones home.  Do the research!!!!

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