Do not trust a video cure of a house!

[Joe S.]

Have you ever noticed that people can send you a picture of themselves and then when you see them in person you think they look a way different?
I recently dodged a bullet. A seller that I had bought from prior to had sent us a property they were trying to assign the contract for.
I was out of state on a trip and so my sweet wife was the one handling most of the talking with the Wholesaler.

We put down $2500 and moved forward with the deal because the numbers made sense and the video look good. 

When I get back in town, I go and look at the property and it has major foundation issues and needed a whole new central heating and air and ductwork.   it basically needs a major overhaul. 

So for all practical purposes, when the dust clears, I would be buying at full retail, if not more.  

So my advice to anyone that would care to hear it is, do not buy a property based upon a video since a video will not exactly show you foundation issues, and other things that only being in person can help with.
I was more than happy to walk away from my $2500 earnest money instead of buying such a rat trap. 

I will be more diligent going forward when it comes to looking at properties in person, especially if it’s a person that has an interest at stake and are willing to pull a fast one on me.