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Home Selling in Argyle : Real Estate Advice

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Activity 2
Thu May 22, 2014
Fivepotts asked:
3 buyers are purchasing our home for there Rabi. Rabi came to closing & said he didn't get the expected donations. He said he only has $100k the contract is $850k. Do we have recourse?…
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Tue Apr 21, 2009
Jay Myers answered:
Hello Porter,

Sorry to hear things are not working out here as hoped, I admit I have only been here 2½ years, and it was a lot different here than in Central Florida.

Bruce has really covered all the major issues you could face by selling so soon after purchasing. I would like to add one other thing you may consider. Lantana has a very good rental demand, and good occupancy ratio. I myself am not a fan of renting out what was a primary residence, but drastic conditions can call for drastic measures. Many times you can pad the rent amount enough to cover a mortgage, plus get security deposits for pets, or if it has a pool.

Which ever route you choose good luck, and feel free to contact me with any questions, or concerns.
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