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Updated almost 5 years ago,

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4
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0
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Brian Stumpf
  • Chicago
0
Votes |
4
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Multi-family Offer - PSA and Income/Background Verification

Brian Stumpf
  • Chicago
Posted

I would like to make an offer on a 2 unit building that I recently walked through. I just happened upon this MLS listed property, so I am unrepresented. I have two questions when making an offer:

1) Should I fill out the PSA myself or should I have an attorney fill that out for me?

2) Is it necessary to do my own income/background checks on the current renters?  Or if the seller can demonstrate that they have historically paid on time, is this enough?  Do I need to make the offer contingent on this information or just verify it before the offer?

Thanks in advance!

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