Recently, I corresponded with one of my past clients, and we were just chatting about real estate and updating each other about our families and work.
I know that every real estate transaction has a story, some more interesting than others.
While speaking with them we reminisced about their move and I decided to share the experience with this blog.
The couple I will refer to as (Mike and Ann) and I meet on a Thursday evening at their home in Baltimore city (It was a listing appointment). I went through a series of question, as I normally do when I first meet with my clients.
The first question I asked was if they were selling their current home before purchasing the next home. Yes was their answer. This was going to be a challenge, only because homes in this Baltimore community have been taking an average of 120 days or more to sell, and on top of that they needed to sell their current home, to raise funds for closing cost on their next home.
Next came my second question; where would you like to move? Their answer was Frederick Maryland. This was challenge number two. Homes in Frederick Maryland rarely come on the market, and when they do, they sell in a matter of a week or less.
The answer to my third question got to me. Why are you moving? Anne told me she had cancer, and her primary doctor moved to Frederick Memorial Treatment Center. Anne told me that her doctor was making progress with her, and she did not want to change physicians.
After a few additional questions, we proceeded to fill out a listing agreement to sell their current home. Two weeks later, we had a bite; it was an investor looking for a home in the very same area that Mike and Anne's current home was located, "great! I said." Mike, Anne and I went over the offer, and we decided to accept it.
The only detail that bothered me was that the buyer was getting mortgage financing from a company in Florida. I told Mike and Anne I was skeptical about this company, because I was not familiar with them or their work ethics. In spite of my skepticism, Mike and Anne wanted to continue with the deal anyway.
After two weeks of waiting for a final approval from the buyer, I called the buyer's financing company; the loan officer assured me that I would receive the final approval in
forty-eight hours. Forty-eight hours later, no approval, no loan officer, he disappeared. I never heard from him again.
Consequently, we wasted two week. My manager called the next morning and asked me how I was coming along with Mike and Anne; I explained to her the past events. I told her it was a lovely home, priced right but in a slow area.
All the while, I was trying to find a buyer for Mike and Anne's current house, I was also trying to find a home for them to purchase in Frederick Maryland.
Two days after speaking with my manager, luck fell upon us; a home that seemed as though it was custom made for Mike and Anne appeared on the market.
We visited the home that same day, they fell in love with the house and we wrote an offer on the spot. The following day the offer was accepted.
We still had a problem; their current home had not sold.
I needed a solution.
I remembered the owner of the company telling me he sometimes purchased investment properties. I immediately called him and told him about this great property.
He agreed to view the home himself and afterwards decided to purchase the house. This was fantastic news. I called Mike and Anne. Anne literally had tears of joy. 
Three weeks later, they were in their dream home.
To see Mike and Anne get there dream home was a great joy for me, and well worth the time and effort. This is just one of many adventures, in my world of real estate.
Do you have any real estate adventures to share?
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