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Updated over 11 years ago on . Most recent reply

User Stats

4
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Twanna Lee
  • Real Estate Investor
  • Staten Island, NY
0
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4
Posts

Making Deal with Incarcerated Seller

Twanna Lee
  • Real Estate Investor
  • Staten Island, NY
Posted

Hi Everyone!

I know not many investors make deals with incarcerated clients but, I can only try and put it out there maybe someone has been in this situation.

Ok. so I sent out a letter to someone on my probate list who just so happen to be in prison. The next thing I know I'm getting a collect call from Hudson County Correctional Facility. My phone line doesn't accept collect calls so we never had a chance to talk. This guy has been calling my phone like crazy so I believe that's a sign that he is very motivated to sell.

Anyhow, my question is should I move forward and try to get the house under contract or should I walk away because he's in jail and probably won't be able physically come to closing.

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