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Updated almost 9 years ago on . Most recent reply
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new wholesale assign
If I get a preforeclosure and for some reason do not find a investor to pick it up how to I come out of it?
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Originally posted by @Tammy Theiss:
If I get a preforeclosure and for some reason do not find a investor to pick it up how to I come out of it?
Please think about what you just asked.
A pre-foreclosure. These people are about to lose their home. By tying it up in a contract, you prevent them from continuing to market it, and selling it to an actual buyer before a foreclosure wreck their financial world.
Doing that with no intention of closing yourself if you cannot find a buyer is absolutely crappy behavior. This is exactly the sort of thing that makes so many people hate wholesalers.