Carl Hunter from B & D Rich Holdings, LLC contacted me in Sept. I am a real estate broker and he asked if I had any short sales. He said he worked for an investment company who purchased the homes and did all the negotiating with the lender with NO CHARGE to the owner or realtor. I was thinking of a short sale myself and got all the paperwork. I then decided against it instead doing a loan modification instead. They were fine with me backing out since they said from day one the owner can cancel at anytime. He then asked if there was any other short sale listings I had. I told them my daughter was thinking of it and they met and my daughter decided to go with them. Again she was told she could cancel at any time. After several months and nothing was happening we reduced the price and got an offer for an end buyer. The lender said we should get the investor to back away and deal directly with the end buyer.
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