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Updated almost 7 years ago on . Most recent reply

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122
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Yiftach Ilyov
  • Specialist
  • Tampa, FL
33
Votes |
122
Posts

Wholesale and MLS questions

Yiftach Ilyov
  • Specialist
  • Tampa, FL
Posted

Hey ya’ll!

So, I have a property under contract and I’m planning to find a buyer and do a double closing .

My question is- can I list the property  now when I have it under contract?

I have another one- when you put a property’s under contract how long you do the inspection period and how long you let yourself to prepare to closing ?

Im some what confused in what is the best way of doing so without actually purchasing the property with my own money .

Most Popular Reply

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2,639
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Brian Pulaski
  • Flipper/Rehabber
  • Montgomery, NY
1,782
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2,639
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Brian Pulaski
  • Flipper/Rehabber
  • Montgomery, NY
Replied

Here is my take on it (opinion).

No, you can't legally advertise the house you have. Others will chime in and say "you aren't advertising the house, you are advertising your interest in a contract", however once you show photos of, specs on, and address of a house, you are advertising the house for sale. people seem to do it all the time, but I would be careful, as it seems they are cracking down.

You have it under contract... your inspection period should be spelled out. Your closing date should be spelled out. Who created the contract that you signed? This is all standard stuff that should be included.

The best way to "sell" a house without buying it or using your own money... become a realtor?

@John Thedford could elaborate on FL laws.

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