Format and Due Diligence for MLS Offers?

Question

Hello,

When putting in an offer for a FSBO (or perhaps even generally, including an offer to an owner's agent) off the MLS, what format and due diligence activites and period do you recommend putting into the offer?

Scott E. · Answer

Putting an offer on a FSBO house should follow the exact same format as putting an offer in on an MLS property.

Same process, following the same terms and conditions.

Jonah Hartsburg · Answer

Hey! There are quite a few due diligence items and contingencies available in the typical offer, each of which should cater to your state, the property, the seller's situation, funding, your experience, and your risk tolerance. I highly recommend securing a local agent, quality mentor, or partnering with an experienced investor on at least the first deal to learn your options and how to apply them to each deal.