He didnt get sued after all

He didnt get sued after all

Maybe you remember my buyer threatend to sue me over his 1K non-refundable deposit when the seller cancelled the sale. Almost a month had gone by and I hadnt heard a word from him. Yesterday I got a call from a lady that can no longer afford her mortgage and is 2 yrs behind on her taxes. About $1600 Shes agreed to let me take over the mortgage subject to and basically just gave it to me. The property sits on 1 1/4 acres at 3,000 ft elevation in the Sierra Nevada Mountains. Its a 14' single wide mobile with a big living room built on the side of it. The mobile is old and rustic but has a wood stove and the property itself is unbelievably gorgeous with huge oak trees and secluded. I txted my previous mentioned buyer and asked if he was interested in this property,the payments are only $670
He txted me back within 4 minutes and wanted more info. Well he wants it, its like we never had a disagreement. Of course I will deduct $1,000 off his downpayment. Its a much better deal than we had going before. Its a great feeling that I can get him into this property and have a happy client. In the meantime I just made $7500 from a similar type deal in town. Just purchased a ticked to the tropical island where I have a home and gorgeous famly. Will spend over 4 months there. Just got a new laptop and wats crazy is I will work the 4 deals I got going using the internet and cell phone. I just started doing this Real Estate about 4 months ago and made some great money, wait till I get good at it, and look out. Rando

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Rando


Nice deal Rando

I'm happy for you that you were able to get this buyer back... I'm sure you will be doing many more deals with him in the future...

Have a great time with family... and with new laptop and phone Eye-wink

Wishing you success,
Valerie

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Valerie

“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss

"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown

My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...


That is awesome..

That is an awesome ending to a challenging story, with the first buyer. Great to hear it all worked out well and you are having a great start at your new business. Big congrats to you and your family. Enjoy your trip...and your new toys!

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Jill Holden | San Diego
Investor Services
Team Development


I too am glad you were able

I too am glad you were able to severe the relationship and keep the buyer happy. Kudos to you!

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Lenee

www.allstarhouses.com

~Act successful! And you'll draw it to you.~
~Every achievement, big or small, begins in your mind. It starts as a thought.~