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Updated about 6 years ago on . Most recent reply

User Stats

59
Posts
32
Votes
Karen S.
  • Investor
  • Sewickley, PA
32
Votes |
59
Posts

making a cash offer without a realtor

Karen S.
  • Investor
  • Sewickley, PA
Posted

Hello everyone.

We have a great realtor that we work with, but we are also interested in making an offer for a house that is not currently on the MLS or up for sale even. I know that people do this everyday, but I wanted to hear your advice for making a cash offer on a property (in Pennsylvania, especially) using a real estate attorney or other approach. We know the neighborhoods pretty well and have information from the county websites as well as some experience, so we would like to try this approach on our next purchase. WDYT BP?

Most Popular Reply

User Stats

345
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365
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Mike Dorneman
  • Rental Property Investor
  • Drums, PA
365
Votes |
345
Posts
Mike Dorneman
  • Rental Property Investor
  • Drums, PA
Replied

Hi Karen- I’m up in NE PA and closed on my second cash deal 2 months ago. The process was fairly simple and worked out great. The owner listed the property via newspaper and after reaching out to his Ad and taking an inspector through the building, we agreed on a price.
I then called the title company that did a previous deal for me (with a realtor) and told them I was buying a house direct from a seller without realtors.
They sent me a boiler plate sales agreement which I filled out and sent to the seller. He signed it and sent it back to me.
The rest was like any other closing, we ran title and 10 days later met at the title office. I provided my title company a cashiers check and they provided the owner with his check.
Done deal 😁
Is there anything specifically you were wondering about?

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