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Updated about 2 years ago on . Most recent reply

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John Walston
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6
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How to get FSBO under contract?

John Walston
Posted

Happy New Year folks. I have a potential property that I would like to put under contract (first deal), and it's an FSBO home. I'm totally new to this and don't want to build rapport with the owner, without miscommunications during contractual process.

Is this the correct sequence to follow?

- Call the owner, check up on the property and ask questions

- Followup a few days later with the offer

- If offer accepted, pass along the purchase and sale agreement

Finally, what is the most transparent way to get the owner to agree to the purchase and sale without causing confusion?

Most Popular Reply

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Rob Gillespie
  • Specialist
  • Cleveland, OH
840
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1,611
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Rob Gillespie
  • Specialist
  • Cleveland, OH
Replied

Happy New Year! 

Dont over complicate it. Your goal is to put a contract on the property and make sure it is for less than it is worth. 

I would like to see the deal and the numbers in specifics so I could give you more guidance. This is very vague. 

The RIGHT questions are important. it is more about the situation than it is the property. 

give some more details and lets see if we can get ya a roadmap to making an offer that makes sense. 

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