Purchasing Potiential REI Properties
I was reading your article entitled "13 Deadly Mistakes Beginners Make.", which by the way was a worthy read.
Anyhow, I came across a section in there and was hoping to find out a little more:
"7. DEALING WITH UNMOTIVATED SELLERS
Spending too much time going out and looking at deals you could have pre-qualified and found out that were not true deals. Don t spend time analyzing a property s repairs, costs of improvements, closing costs, etc. before you know you can get a good deal on the property. Before you even go look at the property, you should know that this property may be a potential deal after talking to the seller. "
I have asked the author through PM about the below question, but thought I would put it out there public for anyone elses input as well. What I was hoping to find out is if there was something that anyone might be able to point out that I should be able to find out before I ever go look a property that is either pasted onto me through a banks REO manager, or a property that my RE Agent finds?
Besides the obvious questions such as what kind of condition it is in, or any steps that might cost money such as title searches, but, questions that I can ask to gain the info regarding a property that can easily help determine if its a potiential property or not before I step out the door to see it?
Thanks in advance for any and all advice you might be able to pass my way.
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