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Updated over 8 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Ron Seager
  • San Diego, CA
1
Votes |
8
Posts

10 Units Back on the market - but...

Ron Seager
  • San Diego, CA
Posted

Hello BP - I saw a nice 10 unit complex come on the market that I was going to submit an offer on.  Within a day, the listing agent told me they had a full price, all cash offer so I started looking elsewhere.  Two weeks pass, and it's back on the market.  I ask her why and she replied "fell out during inspection".  I was going to offer full price as the numbers look pretty good.  

- Is it bad form to press her on why it fell out?

The listing has only been on the market for a few weeks so not sure how serious this could be.  Thoughts?  I haven't made an offer yet.

Most Popular Reply

User Stats

1,358
Posts
1,322
Votes
Levi T.
  • Rental Property Investor
  • Tucson AZ / Nice FR
1,322
Votes |
1,358
Posts
Levi T.
  • Rental Property Investor
  • Tucson AZ / Nice FR
Replied

I would press for a better answer, lower my offer, and be heavy handed in terms of the DD process, something's not right.

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