I just received a call from a client of mine that closed on his first house on March 13th.
Going back to the first time that I showed him the house. He really liked it. It was an REO that had been gutted by vandals. The house had a remodelled kitchen. The bathroom had to be completely replaced thanks to the vandals. The kitchen needed a sink basin, faucet and new plumbing. The bac bedroom window needed to be replaced. The house also needed a furnace, air conditioner and water heater.
Needless to say it was a handyman's dream.
We wrote the offer. I had it expire 2 months after because the county had lost the deed once. During all of this the county lost the deed a second time and the deal had to be extended another 15 days. We thought the nightmare would never end. On March 13th the deal finally closed.
This was his first home ever he was really excited to finally close the deal.
I told him that it was important to file for homestead exemption on his property since it was a cash deal. He called me today to tell me that he had filed for exemptions and since he was a veteran he did not have to pay any property taxes on the house.
After all that he even gave me a referral. Now I have another client to find a house for.
This kind of news makes me happy to be a real estate broker to help clients with one of the biggest decisions that they will make.