All Forum Posts by: Erroll McDaniel

Hello again,

Real Pro has been in business for over 20 years and closed over 8000 transactions. 99.9% of our clients are happy. Our contracts are strict and deposit is non-refundable after the inspection period. This is explained in detail to every client that calls our office. We recommend that you do not go into a contract unless you are absolutely plan on closing.

Erroll McDaniel attempted to purchase a property from us in Detroit but failed to close after 3 extensions. The initial contract stated that earnest deposit was non-refundable after inspection. Erroll agreed to this and reassured us that closing will take place. Our company ended up purchasing the property to accommodate Erroll and incurred many additional costs, which exceeded the price increase that Erroll agreed to at a later time. 

What was supposed to be a quick deal turned into a nightmare for us. The last addendum that was signed (please see image at the bottom) made it very clear that there will be no more extensions and that deposit is non-refundable. Erroll reassured us again that the deal will close. Erroll choose not to show up at the closing after his financing was approved. Lender even wired the funds to the closing agent. Erroll's reasoning was that he did not have a good feeling about the transaction.

After he defaulted for the last time, our office tried to contact him for 2 weeks to close this deal. We offered him our backup financing after his lender's funds were returned by the title company but he would not respond to us. Instead he hired an attorney that tried to threaten us with bogus lawsuits which were never filed. His last attempt at getting his deposit back was a threat of bad reviews online. 

We understand that problems arise in real estate transactions but our communication with Erroll was extremely difficult. We've had clients default a couple of times in the past and we successfully moved their deposit to other properties which were a better fit. Our office has not done anything wrong or tricked anyone in anyway.

Let me know if you have any more questions :) We can provide additional proof if anyone wishes to look at correspondence between the parties.