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Updated over 5 years ago,

User Stats

387
Posts
221
Votes
Mat O'Grady
  • Investor
  • North Stonington, CT
221
Votes |
387
Posts

Anyone else bother by the last BPP episode?

Mat O'Grady
  • Investor
  • North Stonington, CT
Posted

Is anyone else bothered by the latest podcast? The story about the woman who was reluctant to sell. The interviewee kept contacting her. She asked if the price he was offering was fair, she wanted to get an appraisal, he got scared because he knew the price he was offering wasn't fair, the appraiser didn't show up, she said she didn't want to sell, he calls her back and convinces her to sell. Then, he says he made over 300k, but had he waited, he could have made 1 million. 

It seems as though the original owner and seller may have been taken for a bit of money. I know that American has a free market and all. She didn't have to sell to him and etc, but is there any remorse for the woman who didn't know how much her property is worth and is trusting that this individual is giving her a fair price, but he thought he could earn $600k off it when he put in the offer?

What are your thoughts?

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