All Forum Posts by: Cory Jones
Cory Jones has started 2 posts and replied 3 times.
Post: Purchase Offer without Agent
- Real Estate Investor
- Mandeville, LA
- Posts 3
- Votes 0
How do you go about sending an offer letter to a seller's agent if I am not represented by a buyer's agent? My state requires all offers to be on official state forms, is it legal for me to use these state forms or are these forms usually only accessible for licensed Real Estate Agents? I found the forms online through the state's gov't portals.
I understand the forms are legal documents and understand the risks and work it takes to not have a buyer's agent representing me. I am just curious if anyone can submit offers on real estate and if they can use the state issued purchase of real estate forms.
Post: Commercial property offer with lease contingency
- Real Estate Investor
- Mandeville, LA
- Posts 3
- Votes 0
Originally posted by @Jessica Zolotorofe:
Sign a lease with the tenant and have the lease be contingent upon the closing of the purchase. So the effective date is today and you are bound to the terms of the lease the day you get title to the property. The Seller doesn't even need to know. The lease can have a confidentiality clause in it if you think that the Seller might back out of your deal if they know that tenant is interested.
How would this work if the tenant wanted to view the property? Would I need to have some sort of an agreement between me and the owner "representing" the property when it involves this tenant's interest, ie viewing, inspecting, etc.?
Post: Commercial property offer with lease contingency
- Real Estate Investor
- Mandeville, LA
- Posts 3
- Votes 0
Has anyone had experience with making offers on commercial property with the contingency to find a lessee before purchase is required?
The situation is I have an interested party in leasing a commercial building for sale. I am wanting to make an offer stating I will buy this property only if the said interested party agree to an X-month lease term. How do I word this to protect me from having the owner go after the interested party I already have on my side? The interested party would not sign an exclusive representation agreement with me.