How We Moved A Hoarder And Her Clan With Prison Yard Movers! [PART 3] #wholesaling #storytime

Name: How We Moved A Hoarder And Her Clan With Prison Yard Movers! [PART 3] #wholesaling #storytime
Uploaded: 2024-06-18T15:00:51+00:00
Duration: 54 s
Channel: Nathan Payne
Description: In this segment of his storytime series, Nathan Payne recounts a tense moment in a real‑estate wholesaling transaction. After signing a contract, the…

18 Jun 2024 · 1 min

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In this segment of his storytime series, Nathan Payne recounts a tense moment in a real‑estate wholesaling transaction. After signing a contract, the buyer’s representative Corey discovers the property lacks a basement, prompting a request to renegotiate the price. The elderly seller, who lives on Social Security and supports an adult son, daughter, and grandson who do not contribute financially, reacts angrily and refuses any renegotiation, demanding the buyers leave. Payne explains the seller’s precarious financial situation and the pressure she faces to move, highlighting how personal circumstances can intensify reactions in property deals.

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So Corey went back to her and was like, hey, we're really sorry. I know it's been like 2 or 3 days since we signed the contract, but we actually need it for lower. We thought this had a basement. We're going to need to renegotiate. And he felt the wrath of this seller. I'm not going to say her full name, but the wrath— she was upset. She's like, get out of my house. I'm not renegotiating with you guys. And we don't know, obviously, she, you know, it was 3 days. Like, obviously she, she was upset, but we didn't really quite understand why she was so mad about it. And just to kind of let you know the situation she was in that we found a little bit more about later is, you know, She was an older woman, was on Social Security. She had her 40-year-old son and her 45-year-old daughter living off with her and her grandson, all who did not contribute to, you know, the income. They were just living kind of mooching off of her, not talking bad about them, but that was the situation. But she needed to move. She was not in a position where it's like, you know, she was going to be able to survive and thrive in that situation where she had all those people mooching off her.