Marketing Your Property
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago on . Most recent reply
Blind Offers = Illegal??
Hi all-
I sent out blind offers to purchase in an area in Texas - a seller contacted me back and wanted to agree to the blind offer I provided. However, upon further research I realized the values and days on market in the specific area were worse than I expected. When I let them know I would need to offer a lower value for the property, they got angry, claimed I could be guilty of mail fraud, that they would make a complaint to the Attorney General and that they would let everyone in the County know about this.
Just checking - blind offers are completely legal and reversible, right??