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Updated over 11 years ago on . Most recent reply

User Stats

99
Posts
46
Votes
Tyler Smiarowski
  • Accountant
  • cedar rapids, IA
46
Votes |
99
Posts

What to put in offer that allows a view of property 3 days after acceptance??

Tyler Smiarowski
  • Accountant
  • cedar rapids, IA
Posted

Hello,

Need some advice on making offers on rehab properties. I hear people who will make an offer sight unseen on a property. Then will within 3 days or so of acceptance view the property to make sure they want the property based on what they offered. There is some sort of contingency that they put in the offer in order to do this but wasn't sure exactly the terminology etc.

My idea is when a good property hits the market and I know it won't last long...I would make a offer on the property without seeing it...get it under contract and then shortly after view the property to make sure the number jives in order to go ahead with the purchase. Thanks for any advice.

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