Foreclosures
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 15 years ago,
what not to do
investors...today i called on a condo i saw advertised in downtown charlotte..it was being sold with a lease option....i was interested in getting in and putting a tenant in, but as always, had my guard up...when i asked about the condo, the seller said "that one is a rent to own"...i replied are you listing many bc you said 'that one'...he said he had a few...i asked if he was the owner, and he said no....i asked if he was an agent, and he hung up on me..obviously he was an investor, from what i can figure, working with sellers who were behind on payments, probably trying to work something out, either with the bank, and/or with the actual owners.....THE POINT IS....he did not disclose any of this to me..in fact, he seemed upset when i pried, and then hung up on me, when he figured out i knew what was going on...this is not a way to do business..please learn from this idiot...TO THE IDIOT, if you're on here, fix your biz before you get in trouble brother..no body will trust people like that, and it gives everyone else a bad name..thanks