Flip This Wholesaler

7/6/09

So I had a dream last night that my buyer for the property that I just got under contract, backed out.

I called him first thing this morning to set up a time to meet and get everything signed, and he told me he does not want to move forward with the deal any longer.

Yay!

The house comes with an adjacent lot, and he was under the impression that the lot was buildable, and apparently it isn't. This is a deal breaker for him, unfortunately.

So now I have to find another buyer, which I'm fairly confident I can do, but I'm still pretty irritated about the situation. I was planning on setting aside this entire week to finish up my ebook, but now it looks like I'll also be marketing for another buyer.

Oh well.

I should know better by now than to count on a deal closing until I actually have the funds in my bank account. Even if you're sitting at the closing table, with all of the documents signed, and your buyer is sitting across from you with a cashier's check for the purchase, things can still go wrong.

Gotta love this business!