Special offer

A Sequel to Yesterday's Post - Reading Disclosures

By
Real Estate Agent with Compass CA DRE# 01215160

Yesterday I wrote about how quickly a day changes, and the need to be flexible.

After reading the 150 pages of disclosures yesterday morning, I then managed to track down HOA documents for the townhouse complex - hundreds of more pages needed an initial read through. Emails flew back and forth between me, my buyers, and their lender.

Then the pause came - buyers needed to sit down together in the evening and decide if and how they'd proceed.

Havarti cheese with horseradishThat pause came at a great time - I accompanied my husband to his 3-month post surgery medical appointment (he's doing great !) and had time to enjoy my exercise on the hour walk home, stopping at a market along the way to pick up a piece of my latest cheese discovery--yum!

Our granddaughter joined us for a simple supper and we had a delightful, productive evening reviewing plans and sharing ideas - she is great company.

Around 10:00 PM the word came - my buyers felt there was too much deferred maintenance and major repair items, most than they wished to tackle - no offer would be submitted.

So--more change, and that's OK

Today I'm heading off shortly for my 1-day overnight quarterly review and planning session. I now have the time I need and want without the distraction of structuring an offer, getting signatures on many of those 150+ pages, writing a cover letter, etc.

I'll check in tomorrow and let you know how the planning is going.

Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

Might be the best thing that could have happened, being able to plan with an open mind could lead to a lot more deals then focusing on this one. Enjoy the planning!

Jul 02, 2015 01:24 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Lottie - sometimes that's a good thing.  Time to fall back and regroup and plan.

Jul 02, 2015 01:30 AM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Lottie and live goes on - and with a really good cheese too! Enjoy your planning strategy day!

Jul 02, 2015 01:34 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Lottie sometimes even a lost deal  can be a blessing, and this deal might have been one of those times for you :)

Jul 02, 2015 03:48 AM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Lottie Kendall - You are so good at doing your business plan reviews, I think you could teach a class on how to plan, track, and then re-assess your progress, success, shortfalls, and what to do next!  Enjoy your time away!

Jul 02, 2015 08:57 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

I love the everyday real life day to day Lottie.  Hubby can get a little rest this weekend and maybe you are better off finding a less complicated set up for these clients.

Jul 02, 2015 09:06 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Lottie, Been there ... done that.  If buyers knew how much time we spend reviewing disclosures and preparing them for signature.... a great way to literally flush 3-4 hours. The bright side is now you get to go off and do your planning without that on your plate.

Jul 04, 2015 01:13 AM