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Updated almost 8 years ago on . Most recent reply

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24
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1
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Marcell Salmond
  • Philadelphia, PA
1
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24
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Yellow letters???? How should I go about it???

Marcell Salmond
  • Philadelphia, PA
Posted
Hello everyone 😊 I recently just learned about yellow letters. My grandfather s house that I would spend summers in has been boarded up since he past away many years ago. Someone purchased the property almost 15 years ago but has never done anything with it. I was interested in purchasing it. My question to everyone is should I mention that it used to be my grandfathers house or should I just pursue it as an investor looking to purchase? Any advice would be appreciated. Thank you and Happy Thursday 😊

Most Popular Reply

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89
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43
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Vinod Dasani
  • Investor
  • Sugar Land, TX
43
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89
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Vinod Dasani
  • Investor
  • Sugar Land, TX
Replied

I would not recommend mentioning that is used to be in the family initially during the conversation.  If they find out then they have a better leverage because they know you wont be going to their competition so they dont have to price it to sell.  They can always ask for a premium.

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