Tommy Dobczyk walks through saving a stalled real estate deal where he stands to lose half a million dollars. The seller's $4.1 million property has a competing $12 million offer, and there's confusion over a $2.1 million funding requirement with no clear documentation.
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Today in The Deal Room— I'm working on it. Yeah, I'm working on it now if I can get the seller on the phone and get him to talk to you so that we can try to salvage this deal 100%. I mean, I'm looking at losing half $1 million myself because it's, you know, we're still doing this more than one point. Well, yeah, I know. Yeah. And I know for a fact that like I thought, I thought the same thing too. And so I went back through the documentation. There was nowhere in there it said we needed to come up with, you know, with, with $2.1 million, but it definitely did make a difference to get your guy to the table. So, you know, catching it, you know, sooner would've been great, but all I can do is try to get the guy on the phone and see what we can come up with. That's, that's legitimately all I can do. But the, the, the value of these properties, the value of these properties are, are, are going up every single day. And so I think he's got an offer right now for $12 million on the table above our $4.1.
