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Updated over 10 years ago on . Most recent reply

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35
Posts
7
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Zana Blue
  • Investor
  • Saint Augustine, FL
7
Votes |
35
Posts

Wholesalers who lie

Zana Blue
  • Investor
  • Saint Augustine, FL
Posted

I am a cash buyer...been contacted recently by 3 different wholesalers trying to sell me the same property...each one has a different price...not my usual type investment but I went to look because you never know...the first guy didn't have a key so we had to stand on a bucket and climb in the window...in spite of my better judgment I went ahead and said I would take the property at his price...then I get a message that the price he quoted was wrong and it was a "clerical error" and the price is really higher...the other two supposed wholesalers have contacted me about another property without clear title but I want NOTHING to do with them now...they are all working together to sell class D houses...just don't jerk me around...it is not good to piss off cash buyers !

Most Popular Reply

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17,995
Posts
17,199
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J Scott
  • Investor
  • Sarasota, FL
17,199
Votes |
17,995
Posts
J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

When you saw the same deal from three different wholesalers, it was perfectly reasonable at that point to ask each of them to provide a copy of an executed contract.  Whichever one could show you the contract was the one you deal with -- the other two should get filtered to your Junk Mail folder forever more...

Do your due diligence before wasting your time leaving the house...

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