I lost a $9,500 deal today, it was all set to close and the seller called to say she changed her mind and don’t want to sell, some crazy s__t, just 2 days ago she called and asked how things were progressing, I told her the Title company wud be calling any minute for her to sign the papers, she said that’s great. Wen the Title girl called and asked her to come in and sign she gets cold feet.
There is a lot of emotions going on, this is the old house she grew up in and her kids and now her grand kids. This has happened a few times before, back then it was devastating, but not so bad now, since I got a good cash reserve.
And it’s not all doom and gloom, picked up a check today for $3,500 on a junk house I never thought wud sell. And I got a bunch more ready to close.
And yes I know, she signed my legal purchase contract and I cud legally force her to sell.
Time to count my lucky stars.
Let’s make some Money…
It’s never boring doing Real Estate, this is the craziest thing and exciting too.
About a month ago I got a junk house on contract for 40K and added a healthy $9,500 for my fee and was surprised when my buyer wanted it at the $49,500 price.
The crazy part is the house was now ready to close any minute, the buyer said funds had been deposited at the Title company, signatures had been collected and it wud close Friday, last Friday.
So I was really depressed when the seller calls and says they decided not to sell, I told them it was closing today. She says, now I want 60K are you interested? I told her I can do 45K The house needs too much work. Next day she says they can do the 45 but I have to hurry b4 they change their minds.
I contacted the buyer and told him the end price to him was still the same but sellers want 45K and I will take $4,500
He tells me the seller has already came in and signed and he was going to check with the Title company.
I never heard back from him. Today I get an email from Title and my check is ready.
I raced over there, tore open the envelope and I’m in shock, the check says $9,500
Oh well, Do you think I’m complaining? I got another 1/2 dozen in escrow ready to close, closed one last week and I got just4 more on contracts. I’m going insane here.
Let’s make some Money,
Rando