Describe your fastest real estate deal

[Mike Wiesenhart]

I was just doing some thinking and I would like to know the details of your fastest deal. How long it took from beginning to end, what type of deal (ie wholesale, flip, etc.), and what your profit was on that deal.

I'm just curious.

Thanks,
Mike

[Rich Weese]

Six hours!! About 15 years ago I had a brand-new home completed and ready for sale. I had a gentleman, his wife and two kids come and view it around 11 o'clock in the morning. He explained that he had incurable cancer and wanted to make sure he had a home for his family. He had transferred his cash to a local bank and was ready to close immediately. I called my title company and asked if they could do all the work to close that day. At five o'clock in the afternoon we met at the title company to sign all documents. He handed the title company a cashiers check and the deal was closed.

It funded the following morning.

This gentleman died eight days later. Needless to say, I'll never forget this transaction or this gentleman who wanted to make sure his affairs were in order and his family was taken care of. Rich