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I would make it subject to inspection, that way you lock it in but can still walk if it has problems...
I get this with potential renters all the time, and tell them that I want them to be sure, so no leases will be signed until they show up and inspect the home, or at least have a close friend to it if they are coming from too far away.
Dori Thurmond I like Paul S. Henderson, Realtor, Tacoma Washington answer. Make it subject to an inspection.
I have sold many homes sight unseen, but not for someone that lives local, and rarely without seeing the inside myself.
The buyers agent should make every effort to get inside.
Oh, sure. I have had a lot of military clients in my career, many of whom have not had the opportunity to visit the area before arriving, but want to start the process. In addition to the MLS photos, I send photos or do a Facetime with them as I walk through the house and yard. It has always worked out.
Advise the buyer they must perform the following due diligence:
3. Have somone other than me to visit the property and provide unbiased assessment.
Then I write it up and take it through to closing.
Write the contract. There is no rule that requires purchasers to see a property in person before making an offer.
we just sold one that way....as long as they have an inspection, I'd take that deal and move it along quickly....
Some buyers are not concerned since they plan to knock it down and build something else.
Good morning Dori. I would put the agreement together subject to them viewing the property, plus any other contingencies.
Make it a great week!
Good Monday morning Dori. This past week I did three inspections for people who purchase the house site unseen. This is a strange real estate market.
I'll do what they want me to do: I'll prepare and submit the offer. The disclosure that Paul mentioned will be mentioned.
Dori - As long as they are qualified, I see no problem with this. Back in 2005 and 2006 investors were buying homes sight-unseen all the time.
The offer will still be contingent on a home inspection, and most offers in my area require a pre-qualification/pre-approval letter from the lender as part of the offer. Also, you can still accept back-up offers too.
I write the offer. I've sold homes that the buyer has never been inside of.
I've made sight unseen contingent offers myself, think of it this way...nearly all offers are contingent EVEN if there are no contingencies (death, abandonment, etc.) Keep it open for backup offers if offer is accepted.
I know of no precedent that requires a walk through to purchase or place an offer. The same due diligence applies and if you wish to waive that aspect so be it.
well, if i am a seller, and it isnt 2006 the year of the heartbeat qualifies, i would not want to TIE UP my house with a long escrow on someone who hasnt seen it. 8 million dollars from a prince of sudan, and his agent has seen it? thats another story