Curb Offers Only - Why?

[Pam R.]

So I found a duplex that I think is worth taking a look at. I e-mailed my realtor to setup an appointment to go inside, and he responded "I'll see what I can do. Listing agent says curb offers only."

Property photos show a cosmetically clean and functional place inside and out, no visible work needed (I know, the devil is in the details). It is priced well below current asking prices in the neighborhood - at least $20k - which immediately caught my eye and raised my curiosity. The ad says both units are rented (although the pictures are from empty units).

I know I could inspect after it's in contract, but I am more comfortable seeing the place before I even bid.

Can anyone advise on why a seller requests only curb offers? And what are your thoughts on this practice? Do you bid sight unseen?

[Account Closed]

For the past six months, I've had newspaper print advertising out there, the "I buy houses" type. I'd say the the number one reason people call me from the ads is because they have tenant occupied properties and they are hoping, praying that they can sell without dealing with their tenants. Especially good paying, long term tenants. The landlords feel SO guilty about selling, especially since almost everyone is month to month. 9 out of 10 times the rent is too low and the property needs work, but the tenant and landlord have been in a co-dependent/live-and-let-live/standoff relationship for a long time.

Make your offer sight unseen, contingent upon inspection and contingent upon confirming the lease and rents.