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Updated over 15 years ago on . Most recent reply

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Joseph Ziolkowski
  • Inspector
  • Alsip, IL
75
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361
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Multiple properties in same offer, help!

Joseph Ziolkowski
  • Inspector
  • Alsip, IL
Posted

Hi all! I'm going to be calling a couple out in Rockford IL. later today that have 3 sfh that they are looking to get rid of in a hurry. My question is, how do I do that? Should I get a contract on each individual property, or should I try to package them somehow? I've never dealt with this before, so any ideas would be appreciated.
Thanks! :cool:

Most Popular Reply

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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
8,350
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13,452
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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
Replied

It's usually easier to sell one than three. If you get somebody wanting all three, they would probably be happy to take them one by one too. So, this would indicate 3 separate contracts, one per house.

Now, if they are part of a "blanket" type of financing, then you might have to move all three in order to move any of them. This might require you to take all or nothing.

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