be aware of fake cash buyers

[Danick St Jean]

Hi all, I am advertising a rental property, so two "cashbuyers" call me under the pretense that they would purchase my property. They went out to see it and fell in love with the property. They even submitted a contract to close, but did not want to sign the initial contract I had on the property as the wholesaler. Instead they sent me a contract that was strictly between them and the original seller, stating they would pay me my fee at closing. Mind you my name was nowhere on their contract. At this point it was clear they were trying to steal the property from me and cut me out of the deal. My partner and I refused to signed their contract by this point they notice we were catching on so they agreed to sign our contract but wanted a 14 days due diligence, why? "because they wanted to make sure everything was ok" lies, lies lies, they wanted the 14 days so that it would give them time to advertise and get a new buyer and they would wholesale it. Now we later caught on and simply said we can double close, they still insisted on prolonging the contract because they would be out of town, stories just weren't making sense, it's a team of two, and they lie. So all in all, I told them they would not get the 14days and would only get 3-4 days max to close. By this point they wanted to have me hold on to the property until their cash buyer came back from out of town. I cancelled the deal! Wholesalers need to identify themselves as wholesale not pretend to be a cash buyer!!!! wasting peoples time!!!