Dori Thurmond (RE/MAX Advantage)

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Rainmaker
4,272,199
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I would make it subject to inspection, that way you lock it in but can still walk if it has problems...

Jul 26, 2015 02:20 PM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

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.

 

Jul 26, 2015 02:50 PM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Dori Thurmond I like Paul S. Henderson, Realtor, Tacoma Washington answer. Make it subject to an inspection.

Jul 27, 2015 01:25 AM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

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.

Eve

Jul 27, 2015 12:54 AM
Rainmaker
1,027,602
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

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.  

Jul 26, 2015 10:49 PM
Rainmaker
921,404
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Advise the buyer they must perform the following due diligence:

1. Insection

2. Appraisal

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.

Jul 26, 2015 10:26 PM
Rainmaker
7,783,544
Roy Kelley
Retired - Gaithersburg, MD

Write the contract. There is no rule that requires purchasers to see a property in person before making an offer.

Jul 26, 2015 10:23 PM
Rainmaker
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Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

we just sold one that way....as long as they have an inspection, I'd take that deal and move it along quickly....

Jul 26, 2015 10:08 PM
Rainmaker
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FN LN
Toronto, ON

Some buyers are not concerned since they plan to knock it down and build something else.

Jul 26, 2015 08:29 PM
Rainmaker
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Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Dori. I would put the agreement together subject to them viewing the property, plus any other contingencies.

Make it a great week!

Jul 26, 2015 07:08 PM
Rainmaker
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TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 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.

Jul 26, 2015 06:54 PM
Rainmaker
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I'll do what they want me to do: I'll prepare and submit the offer. The disclosure that Paul mentioned will be mentioned.

Jul 26, 2015 04:33 PM
Rainmaker
979,296
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

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.

Jul 26, 2015 03:32 PM
Ambassador
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I write the offer.  I've sold homes that the buyer has never been inside of.

Jul 26, 2015 02:24 PM
Rainmaker
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Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

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.

Jul 26, 2015 02:01 PM
Rainer
10,971
Dori Thurmond
RE/MAX Advantage - Portage, MI

Thanks everyone for answering! This is just one of those questions that have come up that I haven't had the experience of dealing with. Thankfully, everyone pretty much seems to agree on the best way to handle it and that helps if the situation should come up in the future.  

Jul 27, 2015 06:43 AM
Rainmaker
1,153,744
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

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. 

Jul 26, 2015 12:57 PM
Rainer
231,224
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

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

Jul 26, 2015 12:20 PM