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Updated over 8 years ago,
seller wants accepted offer before showing
Hello Everyone,
Sorry if this topic has been discussed before. I was looking for specific information and didnt find it in a quick search.
I'm looking at 2 multifamily properties and have down payment for just one. Both the sellers insist on having an accepted offer before showing the units. What do I need to watch out for? What clauses should I add in my contract?
I know I should add the inspection clause (and hire a really good inspector), as well as a clause for financing (since I could get multiple offers accepted). Should it just be offer contingent on inspection and financing? Would that make the seller doubt my ability to pay? Should I include a copy of my pre-approval letter with the offer?
Anyone who's done such deals before, I would really really appreciate your advice,
Thanks everyone!