florida cash home buyers inc real esstate miami Nationwide

Dear Miriam,

We are very sorry you were disappointed with our services. 

In your first meeting with our buying manager, Julius, you mentioned to him that there is an open mortgage against the property and that you did not know the exact payoff amount. However, you did tell him that you can sell the property for around $70,000. We then agreed on the contract to NET you $12,000 based on this information, but subject to a title and lien search and obtaining an accurate payoff from the bank. 

When the payoff came back it was for $72,500, so we then had to increase our purchase price to $87,000 in order to NET you $12,000 after paying all your closing costs. This was not what we agreed on based on the initial information that you gave us and that is why we asked you if you would be willing to re-negotiate the $12,000. When you said you are not willing to re-negotiate, we had to send our project manager to inspect the house and make sure we can go up on the price that much since there were some electrical issues that we had concerns with and a lot of other work that the house needed. 

After we got the approval from our project manager, we agreed to go up on the purchase price to NET you the $12,000. 

I am not sure which liens you are referring to. The only lien was the mortgage and an open citation from the animal services department. These were not issues for us.

We were ready to close and tried to reach out to you multiple times but all of a sudden you disappeared and stopped responding to us which is why we sent a representative to knock on your door and try to get in touch to coordinate the closing. 

Again, we are sorry you ended up with a bad experience and wish you the best in your future endevours.

They aren't Realtors - they are investors. Reporting them to the board is not going to help unless they are Realtor. In this case, it sounds like they are buying for their own portfolio as investors. 

Most of these "cash for your home" type purchases are based on 60% of market value. The hook is the investor tells you that you don't pay a commission but you get only 60% of the value of the property so the investor can flip it and make his profit. If you have a contract with these people and you don't want to sell it now, take it to an attorney to see if there is an out for you (legitimate out).  Let the attorney handle the communications with the investors so you don't feel harassed. By all means, don't sell it if you want to go in a different direction or want to get market value rather than sell for a wholesale price. Let a good real estate attorney help you.  Good luck.