How to buy house off market

[Stefen Huskinson]

Hey everyone,

I am a real estate investor and I am wanting to buy a property that is currently off market. This particular property was in my family since 1980 and then through unfortunate circumstances in 2016 it was sold to an out of family individual. They have owned it since then. From what I can find this person lives there and is approximately 65 years old. From the property records and comps in the area it looks like the value since purchase in 2016 has appreciated to almost double for what was purchased. 

I spent most of my summers in this particular property and now that I have funds available to me as an investor to buy the property I am wanting to reach out to this individual to see if they are willing to sell it. I want to be able to bring this family loved property back into our family again. what is the best way to contact this person? I am apprehensive about the strategy to reach out to them because if I disclose my closeness to the property then they may put unrealistic expectations for the sale. on the other hand I think sharing that information could allow them to see the fondness I have and be open to negotiations and potential sale because they see I will take care of the property and not just a guy looking for a deal.

I am currently out of state from where the property is located for context.

I am wondering if anyone has any good ideas to help this maybe run a little smoother and have a higher potential for success. 

Thanks in advance