Home Selling in 77004>Question Details

Corine  Gran…, Other/Just Looking in 77004

Is there a way to find out if a house is being privately listed, or in the process of being sold ?

Asked by Corine Granger, 77004 Sun Sep 23, 2007

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Corine: Ask your Realtor to see what they can unearth. If you looking to buy it have your Realtor ask
the owner and draw up an offer. Texas is a non disclosure state, so even after the transaction the details of the transaction are not available.
Web Reference: http://www.ERAHouston.com
1 vote Thank Flag Link Thu Nov 29, 2007
Connie,
If mean "For Sale by Owner "(FSBO), when you say "privately listed," then no, there is no definitive way to be certain the home is for sale--other than a sign in the yard. FSBOs do their own marketing. Sometimes they advertise in the newspaper, sometimes not. Sometimes they post listings on line, sometimes not... You get the idea. By "in the process of being sold," do you mean that an offer has been submitted and accepted, but the transaction has yet to close? If the home is listed in the local MLS system, it's status will be available to members with access. Otherwise, the only way to know for sure is to contact the owner directly. I hope that helps!
1 vote Thank Flag Link Sun Sep 23, 2007
The best way is to have your real estate agent contact the listing agent to see what sort of listing agreement they have with the owner. They will disclose whether or not it is exclusive.

Don't get too hung up on that. Try to concentrate on whether a home is a good value for you and make your offer. There are good and bad FSBO, wholesale, retail, and REO deals. Just because you get something FSBO doesn't mean it is a good deal.
0 votes Thank Flag Link Tue Jan 15, 2013
OOPS,
I addressed you as Connie...
Sorry, Corine!
0 votes Thank Flag Link Sun Sep 23, 2007
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