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Updated over 9 years ago,
Purchasing a house from a non-profit
Hello BP!
I just ran across a property when I was out driving for dollars and it isn't in the best shape of course. I looked up the owner on the county site and a non-profit organization owns it and it is a housing development organization helping low income people become homeowners. I called there and asked if people call to purchase their houses and they do and I want to purchase one of their houses. I was told that the board of the company actually brought up selling the house because it needs updated siding and I'm sure some other updates and the guy I spoke with acted like the board was pretty motivated to sell it because he said we can get it under contract and close it quick. I need to call him back and get all the details of the house to see if it is actually a good deal.
If anyone else here on BP has purchased a property from a non-profit, I would love to get some feedback on how to get it under contract. Would I treat it as a FSBO?
Thanks!