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In the video, the speaker, Pace, receives a call from a title company requesting the removal of a memorandum. He feels frustrated due to perceived dishonesty from the situation. He then talks to Caleb Christopher, sharing a deal he has that's subject-to, where the sellers want to delay by a year but are willing to cover out-of-pocket expenses without signing an extension. Pace recalls Caleb's past advice on handling a similar situation with a memorandum of contract to prevent the sellers from bypassing him. He reflects on a previous experience with a veteran and describes feelings of guilt related to negotiations, highlighting the complexities of dealing in real estate and maintaining fair practices.