Showing posts with label closing. Show all posts
Showing posts with label closing. Show all posts

Oct 26, 2009

This is why

I’m now feeling like I made the right decision to leave real estate.

After a long six-month ordeal to see through to the end, a “short sale”, we are to close tomorrow….but not without having gone through an amazingly painful day today.

Anyone who has never dealt with short sales will have no idea of the trouble that goes on with this behind the scenes.
My buyers are a lovely young couple with a baby who are putting everything they have into buying this house that they absolutely adore!!Anyone who hangs in there for six months must love the house.


Today….what should have been the best day, dealing with the little details for the closing and the excitement of tomorrow turned into an utter nightmare.

The short version of this story is that the banks try to rob everyone of every last dime they can get in these deals and created a problem in the closing that would amount to over 3 thousand additional dollars that “someone” would need to fork over before this could happen.

The seller was in tears because he had no money left to give them. My buyers were down to their last dollar in this purchase, so I knew they couldn’t do anything about it….so I didn’t even have the heart to call them.
The other broker and I went back and forth over this and took every direction we could to try to make this happen. We had a seller in tears and a buyer living in boxes waiting to make their move in the morning.


Well….lets just say that we worked for six months….very cheaply!!!
We’ve now put in between us from our “almost” commissions, all that was needed to make this happen in the morning.
The seller is beside himself and the buyers don’t know that anything ever tried to step on their excitement…..as it should be.


Moral…..Yes….there is a Santa Clause. But now I’ve retired.