Posted by Cliff on July 19, 2003 at 19:55:17:
Sounds like you have a “wholesale flipper” on the line. They want to tie up your property and then try to sell it(by assigning the contract) to an end/retail buyer. If they are truly interested give them this counter: They give you 2500 for 3 weeks to do due diligence, the contract is “as is”, if they don’t go through the deal you give them back 2000. You are taking your property off the “sale” market and possibly could loose a sale, unless you get a backup contract. You call the shots: you are selling on your terms (or at least be a little flexible). If they “really” want to buy, they need to make a reasonable offer. Also, what part of Texas are you in? I buy commercial in TX also. Hope this helps.