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Updated over 6 years ago on . Most recent reply

User Stats

23
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4
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Aaron Bitner
  • Specialist
  • Lenoir City, TN
4
Votes |
23
Posts

Buyer before I start a Rehab?

Aaron Bitner
  • Specialist
  • Lenoir City, TN
Posted
I've come across an interesting situation where I'm about to start a Rehab and may have someone that is interested in securing first dibs on purchasing it before we start. They like the idea of a newly renovated home in their price range that they can add personal touches to. I like the idea of having a built in buyer. I would appreciate some feedback on pros and cons and best practices to protect everyone's interest.

Most Popular Reply

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3,177
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1,999
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Christopher Phillips
  • Real Estate Agent
  • Garden City, NY
1,999
Votes |
3,177
Posts
Christopher Phillips
  • Real Estate Agent
  • Garden City, NY
Replied

@Aaron Bitner

It's very common.

Pros, makes your life easier.

Cons, you put in custom requests and they end up not buying. 

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