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I Don't Have to Clean My House, It's a Short Sale

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Services for Real Estate Pros 0531694 inactive

I'm not getting across my message to my seller, but I'll keep trying or terminate the listing.

pulling hair out

Short sales just aren't easy, but some short sale sellers really want to sell rather than have their home foreclosed.  Some short sales sellers actually listen and take advice.

Buyers are really discriminating these days, I think, even more than before the drop in real estate.  Buyers want clean homes and need to see space so they can visualize their personal property in the house.  So I advise all my sellers the same, whether short sale, foreclosure, or not.  The house needs to be uncluttered, clean, and cosmetically appealing to the majority of buyers.

31 days have gone by and here's the state of my seller's house: 

1.  31 days later and the house isn't cleaned up yet.

2.  31 days later and there is way too much furniture in the living areas.

3.  31 days later and the backyard grass is 2 feet tall.

4.  31 days later and the enormous number of liquor bottles are still crowding the kitchen counters.

5.  31 days later and the fist holes in the sheet-rock walls seems to have increased.

6.  31 days later, 6 appointments made, 5 appointments denied.

The lender says will not consider the short sale approval without a contract offer.

Time to terminate?

 

June Piper-Brandon
Coldwell Banker Realty - Columbia, MD
Creating Generational Wealth Through Homeownership

Diana, I showed a home a few weeks ago to a buyer.  He loved the neighborhood but the house was a short sale and filthy.  I called the agent and left feedback and she called me and said it's a short sale the seller doesn't have any money for repairs.  I said, I'm not asking for repairs by buyer would simply like to see a cleaner house without roaches roaming around and without personal items strewn throughout the house.  It doesn't cost money to clean up a house. 

May 31, 2011 03:58 AM
Diana Manzato
Highland Village, TX

Hi June, I know.  It costs nothing (except cleaning fluid) and labor to clean a darn house or pick up dirty clothes.  I'm amazed at sellers and yes, even agents, who think that buyers 'forgive' the dirt on a short sale.  They don't!

May 31, 2011 04:16 AM
Patty Purdue Laforte
Realtypath LLC - Salt Lake City, UT

I sounds like the seller is depressed.  No one wants to lose their home and a lot of liquor bottles on the kitchen counter kind of says to me that the seller is having a very very difficult time coming to terms with the fact they can't make their house payment and are going to lose their house.

And to answer your question.  Yes it may be time to move on.  This is the type of seller that will never put all the documents together properly to send in for the short sale or won't sign an offer when one does arrive.

May 31, 2011 04:22 AM
Goran Utvic
Goran Utvic Real Estate Broker/Construction Consultant - Chicago, IL
Chicago 2 Flat Specialist

Diana - I can understand that the homeowners are probably thinking that they are doing the bank a favor by selling as a short sale. In a way they are but it is a win win for both and time is of the essence...that homeowner really should be more cooperative and take your advise. There is a time limit for the short sale process before the property goes through foreclosure.

May 31, 2011 04:50 AM
Diana Manzato
Highland Village, TX

@Patty...you are right, there's some sadness and anxiety -- and maybe it's just now hitting them because the paperwork was thorough and completely sent prior to the listing.

May 31, 2011 08:16 AM
Diana Manzato
Highland Village, TX

Thanks Goran!

May 31, 2011 08:17 AM