- It’s wise to proceed with caution with inquiries from around the world. (NASA photo)
It began with an e-mail.
The sender said he is a businessman writing from Singapore after reading about a more than $8 million foreclosure in this blog.
This Mr. “X” wanted details and in a subsequent telephone conversation disclosed his plan of buying more such properties in Manhattan to “park” cash with no expectation of an immediate return.
The property he wanted is in foreclosure for more than $8 million. That wouldn’t be a bad sale for me, even at half that sum.
But my antennae were up.
Having a contact like the e-mail (more…)
Like this:
Like Loading...
When push came to shove, a purported buyer from Singapore shouldered me aside (as I sort of expected)
February 10, 2011It began with an e-mail.
The sender said he is a businessman writing from Singapore after reading about a more than $8 million foreclosure in this blog.
This Mr. “X” wanted details and in a subsequent telephone conversation disclosed his plan of buying more such properties in Manhattan to “park” cash with no expectation of an immediate return.
The property he wanted is in foreclosure for more than $8 million. That wouldn’t be a bad sale for me, even at half that sum.
But my antennae were up.
Having a contact like the e-mail (more…)
Share this:
Like this:
Tags:Broker commissions, Foreclosures, Real Estate, Singapore
Posted in Commentary, Real Estate, The High Road, Uncategorized | 1 Comment »