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Updated about 8 years ago on . Most recent reply
About to close a deal and all of the sudden bad news
We were about to sing the contract last night and overnight the deposit check to close a deal on a multi family in the Bronx. Then the sellers agent called last night to tell us that a new offer came through and asked us to match that offer!!!!! We already offered over asking now he is asking for 25K more!!!!
We said no, but doubts are lingering.... It has been and exhausting process with many people working on these offer; mortgage broker, layer, inspector.
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Jay Hinrichs
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- Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
this happens in hot markets.... the down side of a sellers market that's for sure.
you may want to learn about docusign... in the future.. signing and mailing contracts went out about 20 years ago...
- Jay Hinrichs
- Podcast Guest on Show #222
JLH Capital Partners