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Updated over 11 years ago on . Most recent reply

User Stats

240
Posts
130
Votes
Joshua Feit
  • Atlanta, GA
130
Votes |
240
Posts

Making my first cash deal -- HELP!

Joshua Feit
  • Atlanta, GA
Posted

Hello BP!

I am the owner of four units in Atlanta -- but so far, I bought from the MLS, financed through a conventional bank, and had the help of a realtor to write the contracts and organize a closing.

Well, I have saved some funds, and I am ready to make my first cash offer on a property. (Asking price is @25K, and I would be buying from a wholesaler).

So... HELP ME!

What do I need to know about:

-Writing the offer (which form to use, negotiate verbally first? Write the offer first?)

-Setting up closing with an attorney (who pays, etc.)

-Title issues

-Any other tips for making this transaction go smoothly?

Thank you so much for your help!

Cheers, -Josh

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