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Updated about 8 years ago on . Most recent reply

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Jason Malabute
  • Accountant
  • Los Angeles, CA
684
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1,464
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making offer before visiting property

Jason Malabute
  • Accountant
  • Los Angeles, CA
Posted

Hi All,

I want to increase my monthly/weekly offers made. What are the consequences of your offer being accepted BEFORE visiting the property? Once your offer is accepted do you have to go through with the deal? if you back out at this point will you lose money?

Thank you,

Jason

Most Popular Reply

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670
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Jeff Wallenius
  • Specialist
  • Indianapolis, IN
352
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670
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Jeff Wallenius
  • Specialist
  • Indianapolis, IN
Replied

Jason Ma I almost never walk a property unless I have an accepted offer. It's a waste of valuable time in my competitive market. You should have a professional inspection contingency in every contract, we usually write ours for a two day inspection.

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