Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago, 01/25/2015

User Stats

49
Posts
27
Votes
Jeff West
  • Investor
  • Houston, TX
27
Votes |
49
Posts

Someone offered to buy my property before I put it on market

Jeff West
  • Investor
  • Houston, TX
Posted

Hi BPers. I need some advice. I bought a foreclosure and just got the tenant out today. Out of the blue I got a visit from someone who happened to see an expired listing (pre-auction) and asked if it was for sale. When I told them it would be as soon as renovations were done they offered to buy it as is. The offer was pretty much what I would have netted discounting renovations and commissions, and if it's legit it would be great to get it sold quickly. So a couple of questions:

1. Does this sound fishy? They did show up right when I was finishing my cash for keys agreement and securing the property. (tenant was still in the driveway!) They say they love the area and the sister already lives in the community (gated)

2. Since I always use realtors and their title and escrow to handle transactions, how simple is handling it myself? Is there a good resource to research the process? This has potential to be a super quick flip, but I'd hate to slow the process with a misstep. 

Any responses would be greatly appreciated.

Loading replies...