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I've heard of buying homes that aren't for sale, but I know it's rare and I'm not too sure how to go about it. I want to buy back a house I once lived in over 15 years ago, people are living there now. What, if anything, can I do to get it back?

2007-10-04 03:10:21 · 9 answers · asked by marm212 5 in Business & Finance Renting & Real Estate

9 answers

Offer the homeowner an irrisitable amount over the current value.

2007-10-04 03:18:04 · answer #1 · answered by -R 6 · 2 0

You can always write a letter explaining that you would like to purchase the home, do not include the significance because they may try to make you pay extra for it. Real estate investors do this all the time. If the people are interested they will call you. You may also want to stop by the home and speak with them. But remember you'll probably pay more for the property since you're making them move when they didn't plan to do it.

2007-10-04 03:20:02 · answer #2 · answered by Anonymous · 1 0

Contact a local Realtor and explain to them the situation and what you are trying to do. The Realtor can do a Market analysis on the home and that you will know how much the home is worth. You will most likely need to offer more than this because you are trying to convince them to sell when they have no intention to do so. You need a good Realtor to argue this point and present this offer for you or it will probably not happen. A Realtor can present to them numbers that show them that you are a ready, willing, and able buyer that is willing to give them more than their home is worth in this declining market. Hope I helped.

2007-10-04 05:14:54 · answer #3 · answered by young2bballin 2 · 0 0

Research the value of the home, get a Realtor, and make an offer .
Be prepared to pay MORE than the assessed value, perhaps up to twice as much.

your alternative is to wait until the home goes up for sale.

2007-10-04 03:19:27 · answer #4 · answered by mommy2squee 5 · 0 0

Money talks. I love my house and am not thinking about selling it but if somebody came knocking at my door offering me way over the odds for it then yes i would probably sell it.

2007-10-04 03:20:09 · answer #5 · answered by claire 4 · 1 0

Yup,-R, has it right, the people that you hear about who buy houses that aren't for sale, are INCREDIBLY wealthy and offer mad cash to the owners. I suggest you start playing Lotto.

2007-10-04 03:21:02 · answer #6 · answered by sheyna 4 · 0 0

In a deep raspy voice say, "I am going to make you an offer that you can't refuse."

2007-10-04 05:37:30 · answer #7 · answered by Brian A 7 · 0 0

Make them an offer they can't refuse... otherwise, you can't do anything... it's theirs to sell or not sell. http://www.choicerealestate.net/

2007-10-04 04:11:06 · answer #8 · answered by Anonymous · 0 0

Ask the current owner if they're interested in selling it! That's the only way. DUH!

2007-10-04 03:37:11 · answer #9 · answered by Bostonian In MO 7 · 0 0

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