I see 3 houses in my neighborhood that For Sale By Owner! What should be my approach to get them under see contract? I'm looking to sale as a wholesale.
@Angdronell Durant I would approach them and ask them about the houses. Were they damaged by the storms this year? Are the homes waiting for repairs? Fannie Mae and Freddie Mac allowed a 3-month suspension of foreclosure sales, late fees and credit score reporting, and allowed mortgage servicers to work out forbearance plans that could delay payments for up to a year. You can read all about the new fear, more foreclosures hitting the market soon in Texas and Florida.
Offer that you can close quick and find a buyer quick, if nothing else. Worth a shot. Good luck.
OK...and if you sign contracts to purchase and cannot close then what? Close on them?
Thank you! @Jack Bobeck