BLISSFUL IGNORANCE OF WRAP VICTIMS
Thousands are blowing in the wind.
This comment is in response to a recent legal case in which a wrap contract was ruled to be unjust. The contract was cancelled and the wrapper was forced to pay compensation to the buyers. It's a decision that could have huge ramifications for wrapping.
I just wanted to know if the "Wrap Contract" in question is one from Steve McKnight or another "home-made" job.
Was the Wrapee not able to put a caveat on the property to secure themselves at least a little bit?
We are wrapees and are very happy - yes we pay more, but we recently gained some equity in the rising market, so it isn't all bad.
If you wish to send a question or comment to Neil Jenman you are most
welcome. Neil tries to read every e-mail and respond personally. We have posted some of the common questions
together with those we feel may help you. Thank you for your interest.
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