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Updated almost 9 years ago on . Most recent reply
David ZhengPoster
#4 Real Estate Deal Analysis & Advice Contributor
#4 Real Estate Deal Analysis & Advice Contributor
- Investor
- Saint Louis, MO
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Why are people getting into contracts without financing??
David ZhengPoster#4 Real Estate Deal Analysis & Advice Contributor
#4 Real Estate Deal Analysis & Advice Contributor
- Investor
- Saint Louis, MO
I literally read so many people writing...
I have a deal. need financing. need 100% funding. need partners to give me money...
I understand if a property is hot or may move fast, but shoot, I can make 30 phone calls to lenders, banks, family/friends in an hour
why are so many people entering into contracts without first finding out if they can fund it? Do they not care about losing earnest checks or the trust of real estate agents, sellers, and brokers that they work with once they find out you led them on?