Buying Sold Property Tips
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What if am already in the house that sold in wanna buy it
Once you're already in the house, it complicates things. If you're a tenant, you might have rights under Michigan's Tenant Rights laws. However, you can't force the new owner to sell. It's advisable to consult with a local real estate attorney.
Am saying can i convince the new owner to sell what's happens next
If you're able to convince the new owner to sell, you'd likely need to negotiate the terms of a new sale. However, this can get complex and may require legal assistance. Are you considering seeking help from a real estate attorney?
So if it already sold i can contact the new owners to see if they wanna sell it to me correct
Yes, you can approach the new owners to express your interest in purchasing the property. However, they are under no obligation to sell. It's recommended to seek legal assistance to ensure proper procedures are followed.
What if they do
If the new owners agree to sell, you would need to negotiate a purchase agreement, conduct a title search, and arrange financing. It's essential to have an experienced real estate attorney guide you through this process. Are you planning to hire one?
So even though is sold i can still contact the new owners to get them to sell it to me correct
Yes, you can contact the new owners to express your interest in buying. However, they're not obligated to sell. If they agree, you'll need to follow standard property purchase procedures. It's advisable to hire a real estate attorney. Do you plan on doing so?