My deal just blew up. The out for the buyers was a little glitch with the financing that is easy to correct. They used it to bail the day before settlement after they had a long talk with the neighbors. As far as I know, the neighbors didn't put down the house or say anything bad about the sellers. They just made the shy, immigrant wife feel intimidated. The next- door neighbor came on very strong...advising the buyers about her plans for the adjoining yards and the block. When she stepped away, another neighbor sat down and ranted about his past problems with their soon-to-be next-door neighbor. Bottom line: Dead Deal. I hope the sellers will re-list with me. Then what? How can I deal with this toxic neighbor????
Hard money lending for investors in NH and MA - Tyngsboro, MA
Lending to real estate investors since 2006
I can't see how you can prevent it. Other than trying to keep the buyers away from them.
Apr 07, 2011 12:06 AM
Rainmaker
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