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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: fatty who wrote (14978)11/11/2003 8:24:40 AM
From: TradeliteRead Replies (1) of 306849
 
I don't think so. :)

Reminds me of a settlement I had once....my client was an attorney settling an estate. I had sold the estate's house. The buyer was a professional real estate investor who felt it was his job to try to delay, screw up, and then extract money from every person at the settlement table, including the settlement attorney. Apparently he did this sort of thing routinely. This time, however, he met up with resistance.

When he came after me for money (to clean up the yard, of all things), my client-the-estate-lawyer informed him that if I was being paid by the hour for putting up with his shenanigans, I had probably already earned about 50 cents per hour.

The settlement turned out OK. My client and I stood our ground on money. The settlement attorney took him out of the room and had a private conversation with him about what would happen if he refused to sign the papers and get this crazy transaction over with--namely a lawsuit for nonperformance on his contract.

Funny thing was, his own agent didn't appear at settlement. She had "divorced" him a long time ago. We met up at the grocery store one day, and she told me he had died a year or two after that settlement. We both thought that was a "real shame." <<gg>>
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