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Updated about 3 years ago on . Most recent reply

Andrew Ferreira's profile image
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Andrew Ferreira
  • Member since Feb 16, 2022
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Wholesaling

Wholesaling legality question

Andrew Ferreira
Posted

How legal would it be to list a house you don't yet own on a website, wait for interested buyers to contact you, then to buy the house from the owner and sell it to them?

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Lee Bell's profile image
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Lee Bell
  • Real Estate Appraiser
  • from Isabella lake, CA
  • Member since Aug 17, 2018
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Lee Bell's profile image
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Lee Bell
  • Real Estate Appraiser
  • from Isabella lake, CA
  • Member since Aug 17, 2018
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Lee Bell
  • Real Estate Appraiser
  • Isabella lake, CA
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Lee Bell
  • Real Estate Appraiser
  • Isabella lake, CA
Replied

You could potentially get into some serious legal problems if the homeowner finds the listing and is surprised their home is up for sale as an FSBO without them knowing about it.

I'd be mad as he!! in that case! 

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