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Updated over 5 years ago on . Most recent reply

Zachary Wright's profile image
Zachary Wright's profile image
Zachary Wright
  • from Virginia Beach, VA
  • Member since Jul 16, 2019
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Zachary Wright's profile image
Zachary Wright's profile image
Zachary Wright
  • from Virginia Beach, VA
  • Member since Jul 16, 2019
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Zachary Wright
  • Virginia Beach, VA
4
Votes |
18
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Wholesaling

Wholesale contract gone bad

Zachary Wright
  • Virginia Beach, VA
Posted

I’m in a unique situation. What do you do if the seller signs the contract, sends someone to go take pictures of it(same day as signing) and finds out the property has been Demo’d?

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Nick C.'s profile image
Nick C.'s profile image
Nick C.
  • Specialist
  • from Tampa, FL
  • Member since Oct 5, 2011
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Nick C.'s profile image
Nick C.'s profile image
Nick C.
  • Specialist
  • from Tampa, FL
  • Member since Oct 5, 2011
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Nick C.
  • Specialist
  • Tampa, FL
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Nick C.
  • Specialist
  • Tampa, FL
Replied

It sounds like the seller didn't know his own houses was demoed? 

Cancel the contract, unless you can purchase it for lot value. 

  • Nick C.
  • [email protected]
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