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Updated about 10 years ago on . Most recent reply
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Contacting Sellers
I recently found a property that I was interested in was listed for sale. I contacted the realtor as I was interested initially as purchasing this a my first rental property. I have conducted 2 walkthroughs with my contractor and was preparing to make an offer. I contacted the realtor this evening and was told that the house was taken off market by the owners and would probably be back up again. I am bummed :( This property has been vacant for a few years as the owners inherited it, and listed on and off. I have found their contact information via property records. Can I contact them to make an offer on the house, maybe through owner financing while paying a consulting fee to the realtor? Is this legal, wise or in sound judgement? I really want this property!!!
Most Popular Reply
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@Chantél Fielder yes of course you can make an offer. You can make it directly to the property owners or try via the agent. Personally I would go directly to the sellers.
Getting emotionally attached is not a good investment strategy.
Keep in mind even though not currently on the market the owners may have a valid listing agreement with the agent. If so they would probably owe the agent a commission. Of course with owner financing the commission can come from your funds.