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Updated over 4 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Daniel P Buteau
  • Contractor
  • New Haven, CT
1
Votes |
6
Posts

How do I make an offer on a vacant property?

Daniel P Buteau
  • Contractor
  • New Haven, CT
Posted

So I've noticed a property in my neighborhood that appears to be vacant, and after doing some research I have found that it is indeed vacant, for about 4 or so years now but the owner has unfortunately passed away. However I did find out that right before this the property was transferred into an LLC. Which I assume would be a family member/members. Records indicate the property was paid off quite some time ago prior to the transfer. It appears there's not much of a plan for the property as there is no one living in it or doing any maintenance for that matter. I currently have two properties in this neighborhood and this would make a great addition to my portfolio. However I do not have any experience with off market deals or this type of situation. Does anyone have any suggestions as to how I could approach this or where to start.

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