I just negotiated a nice ranch starter home for 12k. Im posting it on craigslist now but do I pose as the owner OR do I tell them that I have it under contract?
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I just negotiated a nice ranch starter home for 12k. Im posting it on craigslist now but do I pose as the owner OR do I tell them that I have it under contract?
When I market the properties I have under contract I disclose Im a " Contractual Owner" I put that on the MLS Listing when I put it on the MLX Change. If I advertise off the MLX, right before serious negotations start I disclose I have a contractual intrest in the property and will be selling that intrest.
However, I could easily disclose that on craigslist if I wanted. For whatever reason I just dont. Thats just me, others may want to get that out in the open from the start.
*Disclaimer I am not an attorney nor am I offering any professional advice, just some thoughts I am sharing*
Thats the beauty of michigan my friend and to be honest 12k isnt even on the low range. Thanks for the insight
Thanks for this. Simplicity inspires me, and increases my vision. I always wondered how "contractual owner" would be interpreted.
cd