The Out Of State Seller - Posted by Brian J
Posted by Brian J on December 10, 2000 at 14:58:03:
I have dealt with a few out of state sellers in the past few months. They all started out in a very motivated way and ended up never contacting me again.
I talked with them about the deals. (Mine were all subject to) some where the seller got cash and others where I just take the property because of very little to no equity involved.
These sellers were very agreeable and wanted the offer sent out right away so they can sign and get rid of the burden that they had (Their Vacant Houses).
Each one of them called back with various questions, that I, was happy to answer because I didn’t want them to be confused by any part of the deal, be it the agreement, the trust or anything for that matter.
Then after various calls, I never hear from them again!
How could they be so interested all along, and then just disappear? Am I over educating these folks and giving them ideas of how to put cash in THEIR POCKETS? or am I just missing a point somewhere here?
Note: When I send these offers out via mail to the seller, I am not putting on the agreement an expiration date. Is this a good thing or a bad move?
Also one more question: If these sellers are so motivated, would it be wise to have them fly into town to sign these papers rather than give them the chance at learning what I’m doing? If I like the house and the conditions involved I can tell them that I definately want the house but need them to come to town to get it done.
Man Am I Baffled!