Realtor trying to stop sale

[Matt Whiteside]

Well over the last couple of weeks I finally got my first ss deal signed up. Guy called me up wanted to do a short sale. Went out had him sign a purchase agreement and we sent in the ss package. The bank ordered the bpo last Thursday and then postponed the the sheriffs sale until Aug 26th, it was to be this Thursday. The guy had it list with a realtor, we called him up and asked for the listing agreement he sent it right over, talked to him about the bpo explained to him that he's still the listing agent and he would still be paid his commission. Seemed to be ok with it, well today got a phone call from a lawyer saying that our seller wants out of the deal. My guess is the broker and agent have been putting thoughts in the sellers head.
Since this is my first deal, I'm sure getting the full taste of dealing with a short sales.

[Sam M.]

Originally posted by Realtyman:

It is best if you avoid any and all properties that realtors have their fingers on as it will just cause headaches and bumps in your road to closing on any of the properties.

You are one cynical dude! :mrgreen:

Do I get an award for pointing out the obvious? :) :wink: