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re: Backing out of Purchase Agreement
Posted on 5/27/15 at 8:49 pm to blueboxer1119
Posted on 5/27/15 at 8:49 pm to blueboxer1119
quote:
I won't sue. I'll just make them think I will by sending a scary demand letter from an attorney.
I'm calling BS on some of this story. The RE investors I know have their license or FSBO because they do this enough to know how its done and not have to pay an agent.
Secondly, if you have 6-9 showings cancelled because it went into pending your investment has attraction and will sell easily to one of those showings. Collect the deposit that's in escrow and sell the house to one of the other people. If you're such a savvy investor and money-conscious, you'll come ahead in this deal and won't have to repair an AC unit either...
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