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Updated over 7 years ago on . Most recent reply

John J.'s profile image
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John J.
  • Investor
  • from DC, California
  • Member since Sep 26, 2017
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John J.'s profile image
John J.'s profile image
John J.
  • Investor
  • from DC, California
  • Member since Sep 26, 2017
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John J.
  • Investor
  • DC, CA
12
Votes |
31
Posts
Buying & Selling Real Estate

For Sale By Owner House

John J.
  • Investor
  • DC, CA
Posted
Greetings, I see many houses are for sale by owner. The houses are normally moved in ready and more than 30% lower than market price. Are the houses for sale by owner normally legit? Thank you, John
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Etienne Martel's profile image
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Etienne Martel
  • Rental Property Investor
  • from Los Angeles, CA
  • Member since Oct 23, 2016
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Etienne Martel's profile image
Etienne Martel's profile image
Etienne Martel
  • Rental Property Investor
  • from Los Angeles, CA
  • Member since Oct 23, 2016
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Etienne Martel
  • Rental Property Investor
  • Los Angeles, CA
69
Votes |
130
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Etienne Martel
  • Rental Property Investor
  • Los Angeles, CA
Replied

My advice to you would be to talk with the seller and get a greater understanding for why is he selling. It is possible that he is on the brink of bankruptcy, so he is selling at a low low list price to attract attention and sell quickly.

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