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Updated over 7 years ago on . Most recent reply

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38
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24
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Ryan Weirick
  • Ankeny, IA
24
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38
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Offer accepted, now what?

Ryan Weirick
  • Ankeny, IA
Posted
Hey guys. Just had an offer get accepted on my first ever rental property. Closing date is mid October. We have an inspection to do but it was built in 2005 so I don't think there will be anything that will change our minds. Should I start advertising the rental available for November 1st knowing I won't be able to show this until mid October? Can I even do that legally?

Most Popular Reply

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868
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801
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Tracy Streich
  • Real Estate Broker
  • Tulsa- OKC Oklahoma
801
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868
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Tracy Streich
  • Real Estate Broker
  • Tulsa- OKC Oklahoma
Replied

Get permission from the seller after inspections are complete.   If they say you can start to market the house for rent without showing it then you should go ahead and get a jump on it.   Make sure your loan is finalized and inspections complete.   Things could still fall through but getting started early always helps.   I would say do not accept a deposit or any money until you have closed. Permission from the seller is critical.  

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