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The money is on its way... A "Believe it or Not" transaction.

By
Real Estate Broker/Owner with Gwen Fowler Real Estate, Inc 10307

My most memorable transaction was with my cousin, a stranger who wanted to have a new home built, and "the Money Man"...

 

My cousin in Georgia had a farm. One day a man approached him wanting to purchase one acre of the farm and build a new home. My cousin knew the family of the stranger but didn't know him personally. My cousin asked him if he wanted to have him build the home and then there would only be one transaction. The man was excited and agreed. This was to be a cash transaction, and the man stated: "The money is on the way."

With no money upfront, the construction began. When my cousin needed decisions made on things, everything from Floor plans to trim and paint, the man would say, "What do you think?" So, my cousin proceeded to build the home using his best discretion. All along, the stranger saying, "The money is on the way."

Construction was moving along, all parties are happy with the progress, and closing day is quickly approaching. The buyer always saying, "The money is on the way."

The stranger/buyer came to the closing and all the parties waited and waited for the funds to be transferred. The attorney asked several times and he was assured that the "My moneyman would take care of it." Finally, the attorney asked if he could have the number and call for the buyer. The buyer simply said, "That won't work." Everyone is thoroughly confused at this point, and it was quickly approaching 5 pm. The attorney tells all of the parties that he has to go, and is not sure of what to do at this point. The buyer, looking sad and a little confused, stated, "That is really strange. I prayed and prayed and Jesus has never let me down before." 

 

Well, when all was said and done my cousin had built HIS Dream home, and on HIS own land. We giggle about it now. I hope you got a giggle, too. 

Posted by

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Gwen Fowler

Gwen Fowler Real Estate, Inc
317 South Highway 11
West Union SC 29696
Serving Oconee County, from the banks of the Chattooga River to the shores of Jocassee, Hartwell & Keowee Lakes, and all the private lakes in between.

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Contact me about property in Oconee County, Seneca, Walhalla, Westminster, Long Creek, Salem, Mountain Rest, Richland, Sunset and Six Mile, SC.  2nd homes are our expertise. 

The best number to reach me at is 1-864-710-4518--either by call or text.

View our listings at www.CoolMountainEscapes.com

 

 

 

Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Gwen - you don't have to be in the real estate business for years or decades to have something like this or similar occur.  It's as if stories like this "find" real estate agents.  

Dec 05, 2019 10:35 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Hi Gwen- ahhh the old check is in the mail story. 

Dec 05, 2019 07:46 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Prayers are powerful and God has never let me down in life!  Of course, things haven't always gone the way that I wanted them to go, but I am positive that they have always gone the way God intended them to go for me and I have a great life because of it.

Dec 06, 2019 05:30 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Hi Gwen,
Well, at least your cousin got his dream home!  Apparently, Jesus had a different plan in mind. 

Dec 06, 2019 08:55 AM
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Hahahahaha Gwen Fowler-CRS- 864-638-3599 SC Mountains & Lakes-- 

Is this a true story? Wouldn't it be nice if we could just snap our fingers and have money appear.

Dec 06, 2019 10:26 AM
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Gwen, what a tale! Your cousin was certainly a trusting soul to building without having received any money. I wouldn't be so naive.

Dec 06, 2019 05:44 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

I had a gal in my dorm in college who was the daughter of a minister. She asked her Dad if she prayed during final exams would that help her grade. He wisely told her...Pray like an Angel but you better study like the Devil !

Dec 07, 2019 04:46 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Gwen - what a real estate story! You had me sitting on the edge of my chair! Just when you think you heard it all, along comes a story like this one.

What a great and very interesting story!

Dec 09, 2019 06:14 PM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Gwen, well at least your cousin got his dream home. 

Dec 09, 2019 08:02 PM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Gwen,  What a story!  I'll be thinking about this all night long!  :)

Dec 10, 2019 12:29 PM
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

We do not write offers nor do our sellers accept offers without "proof of funds".

I find it hard to believe that your cousin's agent allowed the transaction to move  forward without insisting that the buyer provide proof of the ability to make the purchase.

Therefore, I think the story is a fabrication.

Dec 18, 2019 05:48 PM
Gwen Fowler SC Lakes & Mountains 864-710-4518

Well, they did it without the aid of an agent. If this hadn't been a "handshake deal" it would never have gotten started. 


Sadly, it is a true story. 

Dec 19, 2019 06:11 AM