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Updated about 10 years ago on . Most recent reply

User Stats

322
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238
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Stephen Barton
  • Real Estate Agent
  • Indianapolis, IN
238
Votes |
322
Posts

How to buy a house from a drunk seller?

Stephen Barton
  • Real Estate Agent
  • Indianapolis, IN
Posted

I had the pleasure this past Friday of checking out another fine property where the seller showed up not only late, but a little "drunk." Like not just tipsy but stumbling drunk. Now I know what some of the seasoned BPer's will tell me. "You cannot legally enter into a contract unless both parties are of 'sound mind' or there could be consequences. So I know this and I get it. The seller could spend all of the money from the sale and try to sue me or something. My question is: What technique could I use to ensure that she is sober enough to buy her house? It is not exactly a home run of a deal but it is a "base-hit" and that is enough for me to NOT give up. Surely, some of my fellow BP members have encountered this before. I welcome any and all advice that you have! Thanks!

Most Popular Reply

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1,527
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514
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Jeremy Tillotson
  • Investor
  • Fort Wayne, IN
514
Votes |
1,527
Posts
Jeremy Tillotson
  • Investor
  • Fort Wayne, IN
Replied

@Stephen Barton Get the contract notorized. It would be much harder to refute. Might want to do it early in the morning. Or take them to breakfast first and then go sign the contract. 

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