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Updated about 6 years ago on . Most recent reply

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41
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6
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Allison Escovedo
  • Real Estate Agent
  • Bakersfield, CA
6
Votes |
41
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Do I need a lawyer!?

Allison Escovedo
  • Real Estate Agent
  • Bakersfield, CA
Posted

Backstory : we entered into a deal that guaranteed us payout over a year ago. We've tried to be patient because the guy we're doing the deal with ran into a bunch of permitting issues. But it's been 2 months since he's even picked up our calls and answered our texts. 

What's our next move? We are in 2nd position on the home.

Most Popular Reply

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3,053
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3,180
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Corby Goade
  • Investor
  • Boise, ID
3,180
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3,053
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Corby Goade
  • Investor
  • Boise, ID
Replied

First of all, thanks for being brief- I am sure there is much more to this story, but you've given just enough info to start a conversation. Secondly- yes, I think you do, but I wouldn't jump to foreclosure right away. Hire a lawyer that you trust and ask them to make a few calls for you, maybe write a very clear letter and see what kind of response you get. I've found that sometimes just having an attorney reach out can open up a conversation again, and it might save you the grief and time of having to push through to foreclosure. Good luck!

  • Corby Goade

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