Homeowner wanting out of contract with other investor

Homeowner wanting out of contract with other investor

Yuba City, CA · Member since 2017 · 101 posts · 52 votes
I came across the homeowner who is currently under contract with another investor. However they are wanting out of the deal there have been some money and services exchanged. For example moderate landscaping was done and also $1900 of Heloc paid current. Is there anyway for the homeowner to get out of the contract without suffering legal ramifications. Homeowner has not been supplied with a copy of the contract and they are not in escrow. Just looking for suggestions! Thank you!!!
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  • Lender · Oklahoma City, OK · Member since 2017 · 138 posts · 130 votes
    9y

    I would go find another deal.  You don't want to become know as the person that gets involved in other investor's deals after they have a contract in place.

  • Yuba City, CA · Member since 2017 · 101 posts · 52 votes
    9y

    Yeah exactly what I was thinking :)

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