Kate Speer Ely's Blog

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Home : Blogs : Kate Speer Ely : Kate Speer Ely's Blog

Snatched from the Jaws of the Bank!

Feeling really happy for my sellers and my buyer who closed the deal AFTER the sheriff's auction! Yes, there is a redemption period in which the seller still owns the property -- in this case, 10 days. Buyer had some problems securing his loan (what else is new these days?) due to medical issues which finally got cleared up. Seller stood to take $37,000 in equity if we closed, of course nothing if the auction sale got confirmed. Another great day in real estate!

Posted by Kate Speer Ely on 03/03/2012 06:45 AM

Comments (3)

Foreclosure Foiled! in the ActiveRain Channel

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Kate Speer Ely (Keller Williams Realty - Madison)

With snow on the way here and what we think are quiet weeks stretching out ahead to the holidays, it's a great time to: 1. Do a serious Business Plan for 2012 2. Put the pieces in place to accomplish it, i. e. record a bunch of new videos, set up…

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Kate Speer Ely

Madison, WI

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Keller Williams Realty - Madison

Address: 3 Point Place, Madison, WI, 53719

Office Phone: (608) 224-0244

Cell Phone: (608) 445-4403

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