Crazy Investors who Hang You Out to Dry. Personally I enjoy working with most investors. I can find them what they want and deliver it to them at the sales price point they need. What I do not like is to be manipulated by investor buyers who have their fingers in many pies- foreclosures and short sales, predominantly.
This is a free market economy and support for the red, white and blue American free enterprise this country has thrived on is a must. However, when investors play cat and mouse with my short sales I am like a lion defending my cubs and clients.
Recently an investor/buyer made a solid offer on a short sale. However, they continued to stonewall supplying their legal documents that the bank required to see. Shouting, hand throwing in the air, accusatory that they have never had to do this before for any purchase...and on and on. So we saw this one coming. Had our back up offers ready to go and last night I was on the phone to both of them. The investor withdrew his offer by a text message- some class.
Good RI real estate business means not hanging a seller out to dry and show investor/buyer dark sides to me and everyone else I will share this bad behavior with. Being subverted after a gushing assurance from an investor that they are definitely committed for the long haul as buyers. Who likes being jilted on short sales? It goes deep to my client and I feel for them don't you?! Be honest and the red, white and blue free enterprise system may actually get back on track sooner.
We took a chance on this offer no doubt, just like most short sales, for the buyer to go the distance to closing. A step back and a long jump forward with a better buyer. Recovery is here and now...please, just be fair with all short sales. Crazy Investors who Hang You Out to Dry.
Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Washington County RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage. When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.
This blog © and its contents is original to Ginny Lacey Gorman
Ginny L. Gorman a purveyor of Fine Waterfront RI Real Estate
Specializing in waterfront, ocean front, vacation, coastal and luxury homes for sale in North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich, Westerly RI and beyond ... I sell dreams! because there is no place like home...the RI Realtor in the Sparkly Red Shoes.
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cell: 401.529.7849 office: 401.884.4100 ext.268 Ginny Lacey Gorman, Realtor