Short Sale Finally Closed, 2306 Oxford Brook Court, Katy TX 77493

This one just about killed me to get done.  Wells Fargo did everything they could to keep this thing from closing...

This property listed in December 2008 and got it's first offer in January 2009.  The offer was actually a very good one considering what was owed on the property.  

So January, February, March go by and Wells Fargo is slow on the trigger....other offers come in, which  is good because the first buyers bowed out. 

April, May and June go by and we have the clear to sell it, and close it. 

July 31st...that's when it closed.  A full 7 months to close this short sale!  I've never had one that was this difficult but I guess there is a first time for everything.  The good news is that going forward, they HAVE to be easier than that one does.

It also keeps my close rate on SHORT SALES at 100%.  The national average is 70% of short sales actually close.  I see agents around here that don't close even 50% of their short sales and the home owner ends up in foreclosure.

STATUS:  CLOSED 7/31/2009