Video 64: CITIBANK had a foreclosure a buyer of mine was interested in, we had a verbal agreement, then after we had a verbal and they sent us the addendums which we did sign, they decided to get greedy. My buyer and I both thought it was bull shit, backed out and CITIBANK ended up losing thousands. So if you own stock in CITIBANK and wonder why they may be losing money…. Would love to hear your thoughts, you can leave a comment or e-mail me Dean Ouellette.
{ 3 comments… read them below or add one }
Great story Dean – thanks for sharing it *this happens to many seller, who don’t realize the best offer is often the first*.
Idiots… Sadly, all too typical.
.-= Jay Thompson´s last blog ..Trophy’s Steakhouse: A Slice of Heaven in Queen Creek =-.
citibank sucks- been waiting on a short sale approval from them. Got the news today. Not only will they not accept our offer. They now say they will only take 130,000 for the house that was listed on the market for 109,000. (saying basically they are not willing to lose any money and 130,00 is the pay off) Owner bought house 2 years ago for 113,000 and did nothing but trash the place. The house has been on the market for 230 days and it is not even close to worth what they are asking. Why would we pay for a house that will defienatly appraise way less then that. I am almost positive they haven’t even seen this place. Well the houes can sit and rot then. Dirty greedy bastards! They are playing games. would seem like they would want to sell this thing… but I suppose maybe they think they can make more on it in foreclosure.