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Rehabbing & House Flipping

User Stats

178
Posts
37
Votes
Matthew Wright
  • Investor
  • Windham, ME
37
Votes |
178
Posts

Sellers Lawyer Steals Deal

Matthew Wright
  • Investor
  • Windham, ME
Posted Dec 22 2016, 10:56

Anyone ever have a great deal (verbal) going with a seller and have the seller consult their attorney about the upcoming transaction and have the attorney steal the deal? I did and it isnt a good feeling. Its what I would consider the deal of a lifetime. The property was off market and he responded to one of my mailers, the seller was extremely enthusiastic about selling me the property for pennies on the dollar, until his lawyer found out and started offering the property to other investors he knows. And of course the sellers going to listen to every word his lawyer says. I'm thinking the lawyer is going to be part of the deal on the purchase side.

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