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Real Estate Deal Analysis & Advice

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Jason A.
  • Buffalo, NY
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GREEDY , GREEDY , GREEDY

Jason A.
  • Buffalo, NY
Posted Apr 12 2017, 05:40

Thank you for at least taking the time to read this. Been working on this property for 90 days now. It has been in foreclosure.  The attorneys are ready to close on this property. Everything is in order. I have someone that will give me the funds. The Thing is, I don't like is greedy people. Lender started out at 12%. Now 3 days before we close, he wants 18%. I know there is nothing that can be done,  Property appraised out for $1,300.000.00. Purchased it for $680,000.00. I put down $130,000.00. The final amount needed at closing is $565,271.80.  Thanks again. Just needed to blow off some steam.     

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