An Offer to Sale: An Offer To Purchase: A 1700 Mile Handshake And A Deal Done!!!!

My Roots In Real Estate Go Back over 100 years all the way to my Grandpa Higginson my mothers side of the family who was a great man who owned thousands upon thousands of acres of land, many seperated as Farms with houses, in and outside of Johnson City, Tn. and in the days when Banks were hesitant to lend to People Of Color, I never understood that term as I always wondered " What Color"? he sold and carried the,"notes", first trust deeds on these properties and he told me as a teenager he never lost one penny on these loans and a Person was Only As Good as Their Word. This great man passed away 31 years ago this month at the age of 100.

Today My Wife and I Along Withour Son and Daughter in Law finalized the purchase of a property in North Platte, Nebraska, Hey They moved there, in which the property is being sold by an older couple who are friends of the Kids who we made a Verbal offer to purchase and they accepted with the terms for carriyng the "Note" with an acceptable interest rate with a designated length of time.

We Spoke On The Phone With All Partiesinvolved this past week, including the Attorney drawing up the contract and Note, and agreed to all terms with a Gentleman's. or gentlewoman's, handshake agreement and the documents arrived today with a Sunday Delivery, with extra costs, and they were Exactly as agreed to with the phone negotiations and to all that may ask we did hire a local Agent plus an Appraiser to give value to the property and We paid Them Well.

Since This Is An Investment Property with Two units that required 10% down and will return the initial investment in 23 months this is a good deal for the seller as they get the Interest over a 36 month period and our kids get to begin the journey of Real Estate Investment that I learned from a Great man and it has been Refreshing and a first time experience to do a Transaction with a handshake First and the paperwork to follow.

Life Has Become More Complicated But Grandpa Would Be Proud!!!!

Grandpa: Thank You From Me And The Great Grandkids!!!!!

For your Real Estate needs contact me at: cameron.wilson@century21.com