Making offers on properties that were recently delisted?

Question

Hi,

I have been working on finding a property for over a year.  A number of properties I was looking at are off the market.  One in particular was at a pretty good price & the buyer pulled the unit from the market 4 months ago.

I asked the town for the owners address (not at the apartment) & have their contact information.  I figure I have nothing to loose & we wouldnt have a realtor commission.

So with a little googling I found them online.  Is it better to send a letter or an email (facebook) message?  Or is this a bad idea overall?

Thanks,Rich

Mindy Jensen · Answer

If you have their street address, I'd send a letter. Handwrite the envelope so it doesn't look like a form letter.

Have you ever purchased a property before? Having agent representation is a good thing - they can save you from a lot of mistakes.

If you do not use an agent in this deal, at the very least use an attorney to make sure the documents are actually saying what you want them to say.

I'm an agent, and take an 8-hour course every time they change the Contract to Buy and Sell Real Estate so I know the proper way to fill them out. What means one thing in English can mean a very different thing in Legalese.

Russell Brazil · Answer

Send a letter. There still may be an agents commission involved. Many listing agreements dictate a commission is to be paid after delis ting for a certain amount of time.