Posted by Bob In Indy on November 18, 2000 at 16:24:15:
The simplest answer is ‘no’.
Since it takes some time to get your ad in the paper and to get some response, I would run my ad even before I have the property secured.
My ad usually states that I have several properties available and I usually do. In this manner I can build a buyers list and then know better where I should be looking for properties.
However, if you are advertising a specific address, then I would notify the seller before running the ad so that they can voice any objections. Realtors must get permission to do this and getting the seller’s permission could be advisable.
In summary, run an ad that doesn’t give the exact address and record the deed immediately after completing the sales and purchase agreement.