UGH!!!!! Well, one thing's for certain.....we're never at a loss for drama in the world of short sales. I was just speaking with another agent on yesterday who was telling me about her short "sellers" who stopped the transaction a week prior to closing! The listing agent had fully ss approval with a waiver of liability, the buyer's loan had been fully approved through underwriting, and they were just waiting for the closing date to arrive. The Seller's determined that they were not yet ready to begin paying a monthly rental fee...YOU GUESSED IT!!!! They actually wanted to continue to live "rent/mortgage free". Heck, they'd done it for more than two years, so why start now??? The nerve of some people!!!
THEN..... I get to my office and receive an email from the Buyer's agent on one of my short sales. It appears the Buyer, a bulk-purchaser investor, decided to terminate a week prior to closing! Apparently, on the very last day of their due diligence period, they decided that they would not be able to get the originally anticipated rental rate and decided to grab my Seller by the cojones and threaten to terminate if the Seller refused to reduce the contractual price by $15,000! Of course, now we have to take this back to the first and second lienholders and beg for their approval!
Oh well.....at least it's Friday!
Vanessa M Calhoun, Real Estate Consultant
Better Homes and Gardens Real Estate Metro Brokers
209 Newnan Crossing Bypass
Newnan, GA 30263
404-843-2500 (office)
678-406-8432 (direct)
770-254-4985 (fax)
vanessa.calhoun@metrobrokers.com
www.vanessacalhoun.com
gardens (3)
There's nothing like the simple joys of listing a home on the market, securing a buyer, and closing within a relatively short time frame......NOTHING AT ALL! HOWEVER.......I've just recently been afforded the opportunity of handling a short sale with Bayview Loan Servicing in the first lienholder position. What a treat!!!
First, we received a wonderful offer on the property within days of market time and submitted the entire short sale package to Bayview on January 25th. The interior BPO was ordered and completed during the first week of February and we received first lien approval on February 12th!!! What's more???? Bayview has agreed to allocating funds to cover 20% of the balance on the second.....20 FREAKING PERCENT!!!
Did I die and go to short sale heaven???????
Vanessa M Calhoun, Real Estate Consultant
Better Homes and Gardens Real Estate Metro Brokers
209 Newnan Crossing Bypass
Newnan, GA 30263
404-843-2500 (office)
678-406-8432 (direct)
770-254-4985 (fax)
vanessa.calhoun@metrobrokers.com
www.vanessacalhoun.com
Old Farm Short Sale House for Sale by Old Farm Community Gardens
Colorado Springs Short Sale Agents offers an Old Farm Short Sale House for sale by Old FarmCommunity Gardens, as an outstanding value! Brand new on the market today, this family home is priced to sell now.
The Old Farm Homes area has a “down home” welcoming appeal with mature landscaping and big beautiful trees. The hospitality Old Farm Homes offers comes complete with the Old Farm Community Gardens – where you can join the gardening program and rent your own gardening plot to grow your own organic food!
This well cared for Colorado Springs short sale house features an oversized garage, vaulted ceilings, ceiling fans, recently remodeled kitchen, hardwood floors, kitchen breakfast nook, mountain views from master bedroom balcony – plus 2 patio decks and a gas log fireplace. This short sale house boasts over 2,300 square feet of finished living space with 4 bedrooms and 3 baths.
As an Old Farm short sale home near Old Farm Community Gardens, this home is priced to offer significant value. With easy access from Old Farm Homes to Old Farm Community Gardens (only one of two community gardens in the city of Colorado Springs) you will find great ways to connect to your new neighbors and friends. There is a waiting list to get a gardening plot – so make sure you get your name on the list. Here are some links for more information on how you can begin gardening with your community:
- http://oldfarmgardens.com/
- http://www.communitywalk.com/location/old_farm_community_gardens/info/2076499
Your Colorado Springs Short Sale Agents REALTOR® Charles Walk is just a ”click” away to view this incredibly valued, beautiful short sale house in Old Farm Homes in Colorado Springs, by Old Farm Community Gardens… info@AngelRealtyGlobal.com
$179,000 4963 Galileo DR Colorado Springs, CO 80917 Listing #: 767219 |
This Colorado Springs Short Sale House is a home you won’t want to pass up – click on the picture above to see the photo gallery of all of the home’s amenities, views and comfortable living spaces it offers. Call your Colorado Springs Short Sale Agent, Charles Walk, at 719-640-8648 to schedule a private tour – it will be well worth your time.