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Updated over 8 years ago on . Most recent reply

Buyers are liars and also lawyers
Ok so heres the story.. Ive recently found a distressed property. Owner is an elderly women who is sick and lives with daughter. Ive never seen the owner but her daughter is the legal guardian so we agreed on a well below market price on her mothers vacant home. She signed the purchase contract and I assigned it to a local rehabber. I didnt have a investor friendly attorney so my assignee referred me to HIS attorney. Attorney tells me my 2,000 emd was received. Fast foward my contract ends in 4 days and I cant get my attorney on the phone smh. End buyer is mentioning his lenders attorney in the mix for the first time and i dont know what to do. It seems like both my attorney and end buyer is not moving with a sense of urgency. I still dont have a closing date yet. I want the seller to have her money asap i thought it was going to be simple but i guess these are the games people play with wholesalers. The next deal i find im buying it myself.
Most Popular Reply

Ok just let the seller know that you need more time maybe the lawyer is moving slow on the title search, maybe it's a survey issue idk but you need time. Hope that helps