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BUYERS CAN GET JUMP START ON REAL ESTATE TRANSACTIONS

Patel & Dalrymple, PLLC July 19, 2018

Purchasing a house can sometimes feel like an impossible feat in Virginia due to the high competition that buyers can face. However, it is possible for buyers to complete real estate transactions involving homes that are not yet officially for sale, thus beating other buyers to the properties. Here is a glimpse at what buyers can do to get a jump start on buying the homes of their dreams.

First, buyers may wish to engage in retro outreach by sending out letters to those who live in the neighborhoods into which they would like to move. In the letters, they can simply ask if any homeowners in the neighborhood are planning to sell their homes soon. In addition, they could post signs in the neighborhood area that explain that they are interested in buying in the area, so that those who are planning to sell there can reach them by phone or email.

Buyers may also want to get in touch with the homeowners’ association boards or condo boards of the communities or buildings in which they are interested. These boards may know of certain individuals who plan to sell their properties soon. In fact, several buildings and neighborhoods nowadays have Facebook pages or online communities — perfect places for getting the scoop on condos or homes to be sold soon.

Buying a house can be complicated for a variety of reasons. Finding the perfect house can be a daunting task in and of itself, but knowing how to approach a deal from a legal aspect can also be challenging. Fortunately, an attorney in Virginia can help buyers to embark on and complete residential real estate transactions in the most personally favorable manner possible given the circumstances surrounding their deals.