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Intuition?
A friend from California makes his first trip to Florida. He flies to his son in Naples, finds a condo and puts it under contract.
And then he comes to us in Daytona to visit us. He did not call and ask for advice, which is surprising, but it is fine. At a dinner table, the whole purchase thing comes up and turns out our friend is stunningly naïve to the whole buying process. He can’t answer any question that we ask, he smiles, everything would be just fine, he relies on his agent.
Overall it seems like a pretty good condo and everything should be fine.
He goes back to to Californoa, a couple of days later we are on the phone, and, by the way, he canceled the contract…
Why?
There is no reasonable explanation. There is no unreasonable explanation, either. It is a lot of money, blah, blah, blah... As if it was less expensive when he signed the Contract.
The only thing – his intuition. He says that he relies on his intuition.
Hmm... 2 days ago he did not seem to have any intuition.
I feel bad for him. He would eventually come back to this idea again, but in Florida fast-changing market ... more

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