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27 August 2024 | 9 replies
(I never gave EMD as the listing agent didn't demand it)A wholesaler that I know did a JV with me and brought in an end buyer, (I have a fully-executed assignment agreement stating non-refundable EMD due, etc)However the end buyer didn't deposit and wanted to walk away, this is after the inspection period ended.Title agent says the end buyer is the one on the hook for the EMD, but if he's not responding to them and doesn't forfeit the EMD, does it somehow fall back on me?
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27 August 2024 | 11 replies
This will save you on subscription costs.If you want to discuss any of this further, I'm happy to answer questions and help walk you through it.Best of luck!
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28 August 2024 | 17 replies
So I would do what you can to scrape up the money to get legal help OR if your name is on the properties then drop the price to sell them so they cover the mortgage amount and walk away.Look at it from the perspective of what is it going to cost you to litigate versus just get out now?
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26 August 2024 | 9 replies
All negotiations is a form of playing chicken in who will blink first and who is willing to walk away.
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26 August 2024 | 25 replies
I liked Destin West because I figured the “resort” vibe would be appealing to guests, but I did wonder how unattractive that 5 minute sky bridge walk to the beach would be.
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26 August 2024 | 28 replies
I had inspector roll up for inspection, I came walking out, she got out, looked up and yelled "oh hell, James, why didn't you just say ti was you" and started signing the paperwork as passed right there sight unseen.
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28 August 2024 | 31 replies
I don't walk on water, so let me preface and I am not doing this to brag but just state a point.
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26 August 2024 | 15 replies
But it does drive me nuts when I am standing in front of one of new builds and the boys are having lunch and then just drop their drink and the bag and wrappers on the ground where they are standing and walk away.. then I come up and pick it up and tell them what the F guys some dont speak english.. but they get the drift when I am staring at them Of course many dont realize also I am the owner LOL..
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26 August 2024 | 44 replies
Eg if they complain it is cold in winter, but are walking around with short sleeves and no socks, then that's on them.
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27 August 2024 | 43 replies
Hi Ann, like you, when it's my money or my responsibility, I'm a controlling type as well, but where you might walk away only giving suggestions, I sometimes hang around longer....The problem is that if you have say XYZ Mortgage or XYZ Capital Lending as a lendinging entity, making loans, you're considered a lender, not a real estate partner investor.