Posted by Tom (MI) on December 02, 2003 at 17:58:27:
I am sorry to hear about this. I can’t imagine that one person’s actions have you thinking that everyone here is not trusting. Regardless of whom is bringing you a deal you must always do your due diligence. And you did that.
I have been looking for a 350K SFH in SE Michigan for 3 months now to flip I had done all advertising but have been getting just the crappy deals so far. What is going on here? So many foreclosures in my area but hard to find deals? Hard to trust people around here so networking is not an option. June low interest hype has drown up the comp prices and all the sellers are thinking of getting same prices as in June. Nobody buys nobody sells.
I see the same houses in MLS every day for the past three months. What could I be doing wrong in my search.?
I had a narrow escape from a first deal from a so called mentor that involving a home built on a water escape that will not be easily detected from land inspection. He had a law suit with the city to fix his issue and given up. Neighbour told me the last minute. I ran and never look back. Lost 500$ deposit.