Short Sales, Broken Contracts, And How Investors Protect Themselves
Автор: Clint Coons Esq. | Real Estate Asset Protection
Загружено: 2025-12-19
Просмотров: 1351
Описание:
In this video, we break down what happens when a seller ghosts you or gets cold feet, a situation that’s more common than many real estate investors expect, especially in short sale transactions.
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Ever found a great real estate deal, signed the contract, put down earnest money, and then had the seller suddenly back out?
You’ll learn the biggest contractual risks buyers face when a seller refuses to close and how seller remorse can derail even solid deals.
We also explain your legal options, including what it really means to pursue specific performance and why that path can be costly and slow.
Most importantly, this video covers how to protect yourself with the right contract language so you don’t end up stuck when a seller breaches the agreement.
If you’re investing in real estate or dealing with short sales, this is essential knowledge before your next deal.
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Show Notes:
0:00 Intro: Great deal… then the seller ghosts you
0:20 The real risk in short sales (seller’s remorse) + Reddit story
1:37 Your 2 legal options when the seller won’t close (overview)
2:28 Option 1 — Specific performance (why it’s costly and slow)
4:22 Option 2 — Sue for damages (earnest money + expenses)
5:49 What a short sale is (and why bank approval changes everything)
8:44 The 3 must-have contract clauses to prevent this happening again
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ABOUT CLINT COONS
Clint Coons, Esq. has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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The information provided in this video should not be construed or relied on as financial, investment, or legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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