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You're correct

Posted by Tom on March 31, 2008 at 8:24 AM

In Reply to: Re: Peace of Mind posted by Rick, the Probate Guy on March 31, 2008 at 7:43 AM

My post didn't include the solution to the problem just the prevention. You're correct in your assessment. Each time we discounted the purchase to let the buyer cure the defaults. As I recall it was around $6000 each time, but this was about ten years ago. Good RE attorneys are a must in this business. I know I've seen the work products of enough bad ones. Good RE attorneys don't come cheap, but they're cheaper than shoddy work that has to be redone.



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