Rejected Offers Thread

[Arr2-D2]

Where do you find listed contracts in bankruptcy? Is it through a standard broker and just disclosed in the notes?

It wasn't listed on anything public that I saw. On the first phone call while discussing my submitted offer and at the end of the conversation the broker hit with the news. Said Oh hey, so there is an issue with this sale, its dependent on bankruptcy court decision so the sale wouldn't close until August at the earliest.

 

[HyperspaceMountainPilot]

It wasn't listed on anything public that I saw. On the first phone call while discussing my submitted offer and at the end of the conversation the broker hit with the news. Said Oh hey, so there is an issue with this sale, its dependent on bankruptcy court decision so the sale wouldn't close until August at the earliest.

That is ridiculous--but at least you found out before additional negotiations or acceptance. I wonder what percentage of DVC contract purchases end up with a buyer in financial distress.

 

[AwfulWaffle]

BLT, Arr2-D2, 125/pts, $112 offer, $120 asking, May 2024

I’m glad someone finally
Took this thing. It’s been tempting me for two days. Must remain strong….Poly almost here….you can do it…..