My partner in crime and I are going out to Waterboy to celebrate our endurance over closing this Sacramento short sale in Carmichael, which lasted for more than 2 years. You get to know people fairly well when you're working with them over a two-year period. With the bulk of my real estate sales in Sacramento, I meet the sellers, offer staging ideas, shoot professional photos, pick a price, suggest the buyers pound sand when they try to renegotiate and successfully close the transaction, all within a few months. These are not long relationships. In fact, with some, especially the escrows that close within 3 weeks and it's over, I'm archiving the file with sadness, hey, we just started to get to know each other and now you're gone. It's a little bit of emptiness inside when a transaction closes and sellers move on.
But not this short sale in Carmichael with Bank of America and Fannie Mae. No way, Jose. It dragged on for 25 months, enduring twists and turns and bumps in the road until it finally closed today. You can read more about this miracle in my personal blog today about Closing a Bank of America Short Sale After Two Years.
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