Today SUCKS!!! Or at least that was my thinking a few days ago. After 4 months on my real estate journey of learning and analyzing deals I finally had the perfect deal to move forward with. That is until it was pull from under my feet. You see, this deal has already been taken from me once when I lost it in a bidding war 2 weeks ago. But then, hope arrived when my realtor called and said the financing fell through for the other buyer and I was next in line, the property was mine! I couldn’t believe it, after months of searching, and other deals falling through (more about those later) I was finally going to go under contract with what I knew would be the closing deal! Excitement is an understatement. If feels more like you’ve been swimming in the ocean after sinking your own ship just to prove to yourself you can build a bigger and better boat. Hearing the deal is accepted is like building the base of the boat- you will finally have something to stand on. Until, nope sorry the planks of wood belong to someone else. At least thats what my realtor implied when he said the seller had purposely been stalling signing the contract in order to find another buyer that would pay a higher price. With a deep breath and a quick, “I’m not happy but we have no choice but to move on” I continued building the base of the boat from scratch.
Best advice from this experience: Nothing is official until the papers are signed.
Opportunity is alive,
Ray
Real Estate Investment Reality 