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Updated almost 9 years ago,
Absentee out of state, Closing the deal
Hi there BP community. Sorry if this question has been asked but I'm trying to put the pieces together I'm missing here. A lot of people have been preaching marketing to Absentee out of state & I am ready to try this. I know with IN-State & Owner Occupied you can meet them, walk the property, and close the deal right there by having the Purchase & Sale with you. But with Out Of State what does that process look like?
How do you get access to the property to walk it if they are out of state? Do they coordinate with a tenant to let you in?
How are you closing them on the sale? Call them right after you visit?
And how are you sending them the Purchase & Sale Agreement? Via email back & forth in some sort of fill and sign program?
Are a lot of you doing these deals with out ever meeting the person or do you find a way to connect with them? Do the seller have to be there or at closing to sign or can this be done with a notary?
Whats the usually way this works with Out of State?