What a Week! Busy, Busy, Busy
This has been one of those weeks where you don't want to stop running long enough to catch your breath because you might realize just how much there still is to get done.
We are in the middle of getting ready for our Pineapple Party and Grand Re-Opening at our new office with cabinets being installed, blinds arriving, people coming and going and general party planning.
However, that's just not enough. We also had three closings scheduled this week! Two short sale sellers and one buyer.
Thursday, we're informed by the buyer's lender on a short sale that despite the fact that they've had the appraisal for weeks and that funding was supposed to occur in 10 minutes, we're informed that the the pool must be filled prior to close, and they're sorry but this was missed by the underwriter. Quick call to the seller to make sure it's okay to fill it, and calls and emails to short sale negotiator to beg for one more day. Then a quick lesson in how to fill the pool and how long will it take because the lender needs a picture by first thing Friday morning.
Also, more phone calls and emails on other short sale because I'm not confident that buyer's lender will get the other short sale closed in a timely manner.
Fast foward (or backward) to Friday.
Pool has been filled, picture taken. Now we just need lender to fund timely so we can record. It comes down to 15 minutes to deadline, but it gets done!! ONE DOWN!
Extension on the other short sale which is good because lender confirms it isn't closing today
As to the buyer we represented, funded and closed! TWO DOWN
One more to go, and buyer signed docs Friday, so we should fund and record on Monday as long as we get HUD approval from the lenders. Fingers crossed.
Now, on to the next and time for party planning as well as helping more buyers and sellers.
If you need to buy or sell a home in Orange County, please give me a call at 714-319-9751. We would love to help you as we've helped our other clients.
About the author: Christine Donovan is a California Residential Real Estate Broker with experience in assisting clients buy and sell residential real estate.
Are you upside down in your home? Is it worth less than you owe? Are you concerned about making your mortgage payment? For more information see Options to Foreclosures, understanding short sales or contact me at firstname.lastname@example.org to discuss your options.
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