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If you have not put your house up for sale, this is considered an unsolicited offer. An unsolicited offer is an offer made by an individual, investor, or We Buy Houses company to purchase a property from someone not actively seeking a buyer. These types of offers are more common in hot real estate markets.
These buyers are actually interested in occupying your house. They are seeking off-market sales to avoid bidding wars or secure a home in a sought-after neighborhood, school district, or otherwise desirable area that has low (or no) available inventory.
A Complete Guide to Making an Unsolicited Offer to Purchase Property 1- Identify the ideal neighborhood. ... 2- Create a target list of investment properties. ... 3- Find out who owns each property. ... 4- Get your investment property financing in order. ... 5- Prepare an offer letter. ... 6- Make multiple offers.
An offer to buy a company or property that its owners did not ask for: They made an unsolicited offer of $3.3 billion.
This type of offer may be made through a phone call, letter, or email, and may be based on publicly available information about the property. Unsolicited offers can be legitimate, but they can also be scams or attempts to take advantage of a seller who may be unaware of the true value of their property.
For sale by owner (FSBO, pronounced ?fiz-bo?) homes are sold by the homeowner without the help of a listing agent or broker. Sellers typically choose to sell their home FSBO to avoid having to pay the real estate agent the commission fee on the sale of the home.