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Updated over 7 years ago on . Most recent reply

User Stats

15
Posts
5
Votes
Kimberly N.
  • Bean Station, TN
5
Votes |
15
Posts

How can you make an offer before actually seeing the property

Kimberly N.
  • Bean Station, TN
Posted

I am seeing many post they are waiting on an accepted offer prior to actually seeing the property first hand. How can this be beneficial other than beating another investor to the punch if you will? I have looked at 2 places in particular that would have been disastrous had I purchased prior to seeing them, as the pictures only show the best parts of the homes. Do you make really low ball offers & pray for the best? I am also not understanding how you can back out of a deal after it's accepted & find these type issues. Are you offering earnest moneys with these offers? Can someone please elaborate on this as well?

Thank you!

  • Kimberly N.
  • Most Popular Reply

    User Stats

    121
    Posts
    168
    Votes
    Robert Hudson
    • Crossville, Tn
    168
    Votes |
    121
    Posts
    Robert Hudson
    • Crossville, Tn
    Replied

    I think it's a very unethical practice but few will agree with me.

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