1st Serious Deal - Estate Sale

[Taylor Reichert]

Hello, everyone! I've been clearing debts, saving, scanning the market, and lurking the BP forums for a while now. And I've found a deal I'm comfortable pursuing. But I need a bit of insight. 

The home is a 2b1b, in a classy neighborhood of 3/4b2b, in good shape, and the price is right. 

What's the issue? It's not on the market. It sold the first day! 

There is good news. It was being sold by the estate and doesn't have clear title so the original buyer backed out and has refunded the earnest money. The agent is currently working with attorneys to clear the title but doesn't know when it will be back on the market. I've been calling to check up each week or two.

I have a few concerns:

What if this thing gets snatch up behind my back?

Is there a chance it comes back on the market with a raised asking price?

Can I make an offer at this point?

Is there a way to call "dibs" on a property? LOL.

Honestly, I'm just looking for a little moral support from the pros. I'm finally at this point and my I'm shaking with excitement. It's hard to wait.

Thank You,

Taylor

[Rick H.]

Make an offer subject to clearing title, get under contract and just wait it out.