Let me try and brighten your day. We all know that closing short sales and foreclosures can be a long and arduous road to travel. Banks don’t return calls, title companies can delay proceedings and impatient buyers call you every two days. In a perfect world, this is how a home sale should happen.
When I recently went to get a haircut, my stylist introduced me to one of her regulars who wanted to sell her home. I went to meet her and her husband that evening, got a signed listing agreement and took a lot of photos. The home was only slightly above market but it was immaculate and showed very well. They were in a positive equity situation and had already bought another home so they were motivated. Within two days I had several calls and in one week a local Realtor brought in a cash offer that was accepted. It closed two weeks later with no hiccups. The usual gift baskets were sent and future referrals should result from this positive experience. I slept well that night thinking, “This is the way it should be”.
The next morning, the phone rang and I was off showing bait priced short sales and trashed REO’s to buyers with so-so credit, who thought there was always a better deal around the corner. Back to reality!