Q: I have an expired license in MA. Im considering making an offer on a bank owned commercial property. Can I use the standard offer form & do it myself, I am planning on using an attorney for the P&S
? tmcd, Plymouth, MA
A: When you say a ?standard offer form? I trust that you mean a generic form that a stationary store might have as opposed to that which a MA Realtor would use. As an expired licensee you should not have access to the Realtors? forms. If this property is not listed than you could present your offer directly to the owner (the bank). If the property is listed than you would be presenting your offer to the listing agent .
Jackie Davis is a Realtor? with American Realty & Inv., ERA in Inverness, FL.
A: I?m not familiar with the laws governing real estate agents and disclosures in MA. but my thinking would be, as the buyer, you can represent yourself. I would advise you to seek the advice of the attorney you are planning on using to be on safe side.
Sunny Demko is a Realtor? with Keller Williams Realty in Westlake, OH.
A: You can use any forms you want to write an offer on a bank owned property. Just know that it will be starting point, as the banks have their own agreements they will require you to sign.
Paul Aspelin is a Realtor? with Beyond Homes Realty LLC in Victoria, MN.
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- Is There A Difference Between A Bank-Owned Property And A Short Sale?
- Can I Buy A House That Already Has An Offer On It?
- Can a Real Estate Agent On A Bank-Owned Lot, Reject An Offer If The Bank Wants A Pre-Qual Letter From The Builder/Buyer?
- Can I Get My Money Back If I Change My Mind On A Home Offer?
- Can We Counter Offer With The Same Amount On A Short Sale?
Source: http://www.realtor.com/blogs/2012/09/24/how-do-i-make-an-offer-by-an-agent/
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