Preconstruction Opportunities
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Southeast Florida -
Southwest Florida -
Multi Unit/Commercial -
Quick Close Deals 
- Michele Leone
Sales Associate -
Lanosa Realty
West Palm Beach, FL
Quick Close Deals
Quick Close Deals are really hot deals that come up when an extrememly motivated seller wants to unload a property at way below market value.
Deals like these are for serious and seasoned investors or second home buyers— those who are comfortable with making quick decisions.
The quick close buyer will receive information regarding property location, square footage, and photos; then he or she must be prepared to send "hand money" down with their offer. This indicates seriousness and intent on the part of the buyer. This sum is often 5% to 10% when buying from a private individual.
Because these quick-close deals are re-sale steals, there is no time for a buyer to purchase an airline ticket and head down to see the property in person. The buyer in this situation must be prepared to make a serious offer quickly.
Seasoned investors will put an offer in, negotiate with the seller, and if they reach an agreeable price, the prospective buyer has the right to fly down and personally inspect the property.
Florida law allows for a 15 day right of recession period for all pre-construction units. What this means is that from the time the buyer leaves the deposit, signs the sales contract, and receives the documentation, there are 15 days to think about the decision and exercise due diligence in following up on any unresolved questions.
Contact me if you would like more information on Quick Close Deals, or if you would like me to add you to my regular mailing list of clients in search of these "fast track" bargains.
Fax 412-928-0404