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Updated about 11 years ago on . Most recent reply

Account Closed
  • Neptune, NJ
51
Votes |
116
Posts

Am I stealling from Realtors...

Account Closed
  • Neptune, NJ
Posted

I have found a little "niche". I visit properties all day long. Some I see are value priced but are in need of a good deal of work. I know that a home inspector is going to come in and bash the home to protect his/her butt so the potential buyer tries to renegotiate price or demand the work be performed before closing. So I send a letter to the homeowner right after the property goes under contract saying I understand there home is under contract BUT if they (the buyer and big bad bully attorney) start nickeling and diming you and they start to get into heavy negotiations you are not comfortable with I will buy there home "as is" and there is no headache re-negotiating any thing or fixing anything and I am willing to work with them on there needing to stay in there home for a period of time while they find another place to live oh and they will pay me rent after a set time period but again will not be kicked out if they do not find anything. (fact is I have already done a home inspection when I visited the home initially). I cannot tell you the number of calls I get from frustrated sellers. Please buy my home I am tired of all the negotiating.

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,509
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

I understand all the above. I don't understand why you don't just send your offer in first, as opposed to waiting til it's under contract. I get the "let them get aggravated with other buyers" part, but I'd think it would be better to make your offer up front, that way it's already in the back of their minds, and they know it's there.

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