Posted by dewCO on November 02, 2000 at 24:23:17:
That’s why you don’t do work on the property until you own it!
Verbal offers don’t count, they need to be in writing. If they did sign and rturn it, you have two choices, let them go, or, if it’s worth it for you, fight them by clouding the title via the filing of a memorandum of agreement. IF you have a valid signed purchase agreement.
Question for Steve Cook - Posted by Tarheel T
Posted by Tarheel T on November 01, 2000 at 18:15:25:
Do you make your offers expire in a certain length of time, to kind of pressure sellers into a decision? Also have you ever had a seller accept your verbal offer only to change their mind? And if so what do you do? Just recently an out of town seller told me that they would accept my offer on their property, but two days later they called to say that they had a higher offer. This person went as far as to tell me that they had signed and mailed back to me my contract and that I could go ahead and start work on the property! Thanks, Tracy Thompson “Tarheel T”