The almost sad real estate story...

By
Real Estate Agent with Austin Texas Homes

 

 

The contract was written and signed by the buyer. The sellers were about to sign when it occured to them that it may be wise to get some more advice. The home was not much more than a rehab project. The sellers had inherited it and after paying taxes on it for 7 years they wanted to get rid of it. 

The buyers were professional flippers. It seemed like a marriage made in heaven. Fortunately the sellers called me and we went through the contract together. The buyer had written the contract to favor their needs and in the end had no risk in the deal offering only 100.00 for escrow money and 25.00 for option money. 

We have a signed contract and the sellers are in much better shape and really both parties are very happy. 

 

Don't forget to call on a REALTOR to represent you.

 

 

 

Posted by

 

Alan Kirkpatrick /Realtor

Austin Texas Homes

Fax 512-514-1926

Office/Cell 512-709-3336

email: alan@alaninaustin.

 

 

 

 

 

               

 

 

 

 

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Rainmaker
49,314
Lauren Williams
Casual Uncluttering LLC - Woodinville, WA
Professional Organizer: Puget Sound homes

Alan Kirkpatrick Wow. I'm a little surprised that the sellers went with the deal anyway - not meaning a slight on you, because you did right the situation, but I'm not sure I would have trusted the buyers no matter what after that!

Jun 01, 2017 04:01 PM #1
Rainer
16,271
Michelle Edwards
Realty One Group Trilogy - San Bernardino, CA
Inland Empire Realtor

An uninformed FSBO needs a Realtor to go up against a professional buyer.

Jun 01, 2017 04:32 PM #2
Rainmaker
3,063,068
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

So many people get taken by people like this...trying to save a buck they almost lost thousands.

Jun 01, 2017 06:50 PM #3
Rainmaker
2,033,185
James Dray
Fathom Realty AR LLC - Bentonville, AR
Exceptional Agents, Outstanding Results

Good morning Alan.  All the more reason to get a professional involved.  Good call on their part

Jun 02, 2017 03:09 AM #4
Rainmaker
2,451,969
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Alan. I think anyone who is not licensed should get professional advise period.

Jun 02, 2017 04:35 AM #5
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Rainmaker
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Alan Kirkpatrick

Alan in Austin
A legend in the field of Real...wait for it...Estate!
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