Ms. Rush, Home Buyer in Redford, MI

The house do not have a for sale sign. The house is empty I want to buy the house What to do?

Asked by Ms. Rush, Redford, MI Fri Aug 5, 2011

Help the community by answering this question:

Answers

13
Ms. Rush,

There is any number of reasons why a home may be empty.....

If the house doesn't have a "for sale" sign in front of it, it's not for sale. It would probably best for you to move on and explore other opportunities that are "for sale."

Good luck,

Bill
1 vote Thank Flag Link Fri Aug 5, 2011
Have a local realtor research the owner and ask if they would consider selling
0 votes Thank Flag Link Wed Aug 10, 2011
Consult your trusted Realtor. If you do not have a Realtor, think of the smartest person that you you know and trust, and ask them for the name and number of their Realtor. Call the Realtor and be completely honest with them about what you are interested in and your situation, and ask them what your next steps are and why. If you feel comfortable with this Realtor's answers, credentials, and your friend's opinion of this Realtor, use them as your exclusive agent in an effort to investigate and purchase the home. You will likely save time, potential headaches, and get a much better deal. Marcus Nance, Charlotte NC
0 votes Thank Flag Link Wed Aug 10, 2011
If you have not been inside the home, how do you know it is empty? If you have not been inside the home, how do you know you want to buy it?

You can discover the owner's name and address (although it may be listed as the address of the property in question) through research of the county property tax rolls. Many counties post the information online, other counties require a search of the records at the courthouse. But don't contact the owner, not until you determine whether the property is currently listed on the MLS.

You can anonymously discover whether a property is currently listedand when the listing will expire on the MLS through careful research . It is important that you do not contact the owner or a real estate agent until you know for certain whether or not the property is actively listed on the MLS.

Contacting the owner while the property is actively listed on the MLS triggers a potential commission for the listing agent. Contacting the owner after the listing expires does not.

Before contacting the owner, however, pay for an hour of consultation with the best real estate attorney in the area. This will save you considerable money and heartache later in the process. Never sign a real estate contract drafted by a real estate agent; always pay an attorney who represents you to draft the contract.
0 votes Thank Flag Link Wed Aug 10, 2011
Hello Ms Rush,
A house with no sign and vacant doesn't necessarily mean it is for sale. Try knocking on some doors and asking if anyone knows what the situation is. Evidentially you are familiar with the area are there any other homes for sale with signs,try contacting an agent off those signs for assistance.
Good Luck to you.
0 votes Thank Flag Link Tue Aug 9, 2011
Hi, You should try to look up the address online and either contact the listing agent directly or retain the services of a buyers agent.

Christopher Pagli
Licensed Associate Broker
Accredited Buyer Representative
GREEN Designated Agent
William Raveis Legends Realty Group
914.406.9023
0 votes Thank Flag Link Tue Aug 9, 2011
You make an offer.

Simple.

First, find out who owns it. Most jurisdictions have their property records online. If not, you can go down to the courthouse. Or give a Realtor a call.

If it's a foreclosure and it's not yet listed, then you'll have to wait. But if it's not a foreclosure--if it's owned by an individual--then you make an offer. Just because there's no sign out front, doesn't mean it's not for sale. And it doesn't mean the owner won't sell for the right price.

Figure out what it's worth. Your Realtor can help you with that. Then make an offer.

Hope that helps.
0 votes Thank Flag Link Tue Aug 9, 2011
Don Tepper, Real Estate Pro in Burke, VA
MVP'08
Contact
You will pay a premium for a home that is not officially for sale. If a banc owns the home then you will be fleeced.
0 votes Thank Flag Link Tue Aug 9, 2011
Just because there is no for sale sign doesn't mean it's not for sale! It could be listed on the mls and have no sign on it (unfortunately, not every agent is a good one!). Talk to a local realtor. If the property is not listed now, it likely soon will be. Have the agent set you up to receive listings that fit the criteria of the house automatically. This way, if and when it goes on the market, you will be notified immediately by email. Keep an eye on the property too...if it is bank owned, a for sale sign will appear eventually.
Or, you could check the tax records and try to locate the owner directly, but that is not usually as easy as it sounds.
0 votes Thank Flag Link Tue Aug 9, 2011
You will have to wait until the house officially goes on sale! Be patient!
0 votes Thank Flag Link Tue Aug 9, 2011
Just because the house is empty, does not mean it's for sale.

You could research through the city tax records to see who the current owner is, and contact them directly.

Good luck.
0 votes Thank Flag Link Fri Aug 5, 2011
Alan May, Real Estate Pro in Evanston, IL
MVP'08
Contact
Your best bet would be to enlist the aid of a Buyer's Agent:
If it going thru Foreclosure, you will need one anyway.
0 votes Thank Flag Link Fri Aug 5, 2011
The house could be bank-owned and the bank is holding off listing it for sale with a Realtor. Some banks are holding back their inventory so as not to flood the market, causing further declines in prices. But it could also be a property abandoned by the owner and is in pre-foreclosure. Either way, it is difficult to purchase these properties directly from the banks. The banks don't know anything about the market values in the different areas of the country, so they rely on Realtors to figure it out for them. You will probably just have to wait until the bank lists the property with a Realtor before you will be able to purchase it.
0 votes Thank Flag Link Fri Aug 5, 2011
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer