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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Cash is a great binder.. Posted by Dan Lowe on June 20, 2002 at 8:36 AM In Reply to: Cash is a great binder.. posted by Ward-CA- on June 18, 2002 at 2:59 PM : : Ward, : : I had a signed Equity Purchase agreement with a seller/owner. : : During the 5 days he was working on a loan so that he could : : reinstate and save his house and avoid the sale. : : He never canceled with me but on the 6th day he told me he had obtained a loan and didn't need to sell. : : What steps should I take immediately after the 5 days ends? : : Is there anything I can do to stop the seller from simply changing his mind even after the 5 days are up? : : Greg : ============== : Greg, : Put a thousand or so in his hand on the 6th day. He'll spend it in a flash and won't be able to refund it in order to cancel. =============== Ward, What if the "seller" still refuses to sell even after taking, and spending, the money? Does this give me a solid basis to acquire the property without getting the owners signature on the deed? Follow Ups: Re: Cash is a great binder.. Ward-CA- 7:39 AM, 06/23/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : : Ward, : : : I had a signed Equity Purchase agreement with a seller/owner. : : : During the 5 days he was working on a loan so that he could : : : reinstate and save his house and avoid the sale. : : : He never canceled with me but on the 6th day he told me he had obtained a loan and didn't need to sell. : : : What steps should I take immediately after the 5 days ends? : : : Is there anything I can do to stop the seller from simply changing his mind even after the 5 days are up? : : : Greg : : ============== : : Greg, : : Put a thousand or so in his hand on the 6th day. He'll spend it in a flash and won't be able to refund it in order to cancel. : =============== : Ward, : What if the "seller" still refuses to sell even after taking, and spending, the money? Does this give me a solid basis to acquire the property without getting the owners signature on the deed? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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