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Updated almost 3 years ago on . Most recent reply

User Stats

111
Posts
55
Votes
AJ Satcher
  • Investor
  • Atlanta, GA
55
Votes |
111
Posts

Are there any Risks in Submitting an Offer?

AJ Satcher
  • Investor
  • Atlanta, GA
Posted

Is there any risk in just submitting an offer?

Context: Apparently this seller will allow viewing only if an offer is submitted. Weird, but I am really interested in seeing it. Doesn't mean I actually want it as of now

Most Popular Reply

User Stats

897
Posts
547
Votes
Jared Hottle
  • Real Estate Agent
  • Cedar falls IA Waterloo, IA
547
Votes |
897
Posts
Jared Hottle
  • Real Estate Agent
  • Cedar falls IA Waterloo, IA
Replied

As an agent I do not like people submitting an offer who do not fully intend to close at the same time I think I dislike sellers like this more. I am unsure what they are expecting other than low-ball, high contingency offers. If you like the area, how it looks outside and in pictures and would strongly consider buying it I would submit an offer and maybe discount what you think its worth by 10-15% with an inspection contingency, financing contingency, clear title contingency and would probably give them a term like (5 days to review leases and confirm they are satisfactory to buyer)

  • Jared Hottle

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