We all are familiar with the proverb "A fool and his money are soon parted". And, we know that generally it is true. I have a slight variation to this.
"A FOOL AND HIS MONEY ARE SOMETIMES NEVER ACQUAINTED!"
We've all had deals where buyers and sellers just can't quite agree on the price, haven't we? I just had one where the vacant lot (subject to flooding) had been on the market for more than a year reached that point. I represented the buyer. The offer was countered and countered again and yet again and once more for good measure. It was a no contingency, CASH close in just a couple days no-brainer. Uh, the sellers held out for $2,000. And, the price was fair for both parties!
Oh well, my customer is on the way to Saudia Arabia and will be back near the end of the year. I don't foresee a rapid increase in value for this particular lot. Maybe we'll submit another offer then. I imagine the sellers will have pleanty of time to reflect on the "one that got away.
"A FOOL AND HIS MONEY ARE SOMETIMES NEVER ACQUAINTED!"
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