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This Short Sale Chic Got Your Buyer An Approved Short Sale, NOW He's Waffling?

By
Real Estate Agent with ERA, Wilkinson Real Estate Charlotte 183201

 

Most times when agents or homeowners know I have a listing down the street...they can safely say "This chic is about to destroy the values in my neighborhood"...OK, mostly true because of my Short Sales, really...I am just bringing the neighborhood down to it's true Market Value, none the less, I have been called The Grimm Reaper....

 

But what bites my behind is when I go to bat to get a Short Sale approved, show comps and get a bank to lower their BPO/Appraisal pricing to what clearly is a fabulous deal and then....wait for it...I hear....CRICKETS from the Buyer's side...the buyer agent frantically trying to pin down their buyer, wondering if that buyer has possibly gone on a crusie to a third world country and cannot be reached to take The Deal of The Century....

 

BofA countered at $216K, and since I felt that it was still too high, and the buyer's offer was still lower... we were able to "Convince" the bank to "come to the light" and see the true value is at $200K....which the buyer wanted...then...and stil NOTHIN', good news here is at 10am this puppy goes back onto the market as an Approved Short Sale, but we all know what happens...I WILL NEED TO RE-ENTER ALL THIS INFO AGAIN ONCE WE HAVE ANOTHER OFFER & BUYER...

 

Dear Buyer, If you don't surface by 10am, Good Luck, Hope I dont eventually come to neighborhood where you end up buying...because I know you have heard of That Chic That Does Short Sales.... .

 

 

 

 

 

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Melissa Polce melissa.polce@allentate.com 704-450-4335

www.allentate.com/melissapolce.comwww.ExclusiveHomesofCharlotte.com

"Lake to Land, I've Got It Covered"

Tracy Oliva
West USA Realty - Arizona - Fountain Hills, AZ
The Oliva Team Arizona Agents

M:  This is a good heads up for all,  keep up the good job and good luck with your business in 2012/2013,  E

Aug 26, 2012 11:32 PM
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Life happens right on time. Roll with it and have more trips to long conference table real estate closings.

Aug 26, 2012 11:32 PM
Melissa Polce
ERA, Wilkinson Real Estate Charlotte - Huntersville, NC
Lake to Land, I've Got It Covered!

PS, Buyer took deal at 10:30am

Aug 27, 2012 07:19 AM