Sometimes I wonder if I'm no better than a Labrador. I might be subject to labrador attention deficit disorder. You know how a dog's attention can suddenly be diverted, right? You're playing with the dog, tossing a ball, when SQUIRREL. The dog's head jerks in the direction of the squirrel, ears up, and you're no longer important.
I am usually working on 2 or 3 different projects when my daily autoprospecting email arrives in the morning around 5 AM. This is a system that shows me every listing that is emailed to my buyers. Pretty soon I'm clicking on the new listings, looking at photos, analyzing the locations, and an hour has gone by. Shiny new listings. I get engrossed. Seduced by hardwood floors and square footage. I can't help myself.
This morning, one of my Land Park short sale listings showed up in my autoprospecting list. This is a beautiful tudor that was remodeled a few years ago. We were about 2 weeks away from short sale approval with Chase Bank when I received an email yesterday from the buyer's agent informing me the buyer was canceling due to health problems. Well, unless she's dying, I don't know why she can't buy the house, but it's not really my concern. My job is to put it back on the market and get it sold again.
The funny thing is I received an email from Chase yesterday. The negotiator said she had good news. She had complained that many of her short sale files were taking too long to approve. So, Chase is now allowing management to approve short sales. The negotiator had 8 on her list that have been sitting since January and now her manager plans to approve all 8, including this one. She promised to send a response in a few days. And now we have no buyer. This is the way life works, though. Yin and yang.
Because the offer we submitted to the bank was higher than the list price of $325,000, we are changing the price in MLS today to $349,000. This is still a terrific bargain for a home in Land Park that last sold for more than $500,000. Ordinarily, if the bank had a problem with the price, I would have heard about it by now. This is a 3 bedroom, 2 bath, built in 1926. It has wood floors, an updated kitchen with granite counters and breakfast nook, remodeled baths, plus a formal dining room with built-ins. There is a partial basement, attic and a bonus room off the garage. It has newer AC and a very pretty covered patio for entertaining.
1000 Fremont Way, Sacramento, CA 95818, offered exclusively by Lyon Real Estate as a short sale at $349,000. MLS #90085352.
1000 Fremont Way sold on May 27, 2010 at $347,000.
Call your Land Park agent, Elizabeth Weintraub, for more information at 916 233 6759.
Photos: Big Stock Photo and Elizabeth Weintraub
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