Fun Poll - Can you determine what this means?

By
Real Estate Agent with Better Homes and Acres

I have nothing to say this deal is "dead". 

Received this email a few days ago in regards to a purchase agreement written in April - cc's of correspondence between banker and title company - names & location withheld!

Will post the meaning on Monday morning, June 15, 2009

What does the above statement in Bold mean?

Will it close ?

YES

OR

NO

 

Marilyn Harrell

Realtor

Century21 Smith-Miller, Inc.

989-429-8511

989-435-4429

Comments (13)

Rick Cordisco
Pocono Mountain Lakes Realty - Lake Harmony, PA
Pocono Real Estate Professional

My Guess is NO

Jun 12, 2009 12:16 AM
Laura Gray
RE/MAX Realty Group - Gaithersburg, MD

Marilyn - Sounds like one of my deals from May , contract ratified in April.

The broker had a pre-approval and a commitment from a direct lender (Investor) through warehouse lines of credit. The week of settlement the "Investor" decided to change their credit criteria and decided not to fund the clear file. No amount of arguing would change their mind , even after we completed a credit re-score and added 26 points to the borrowers credit due to erroneous information that had shown up since April. The file was neat & complete and we were still told NO.

I have since flipped it to another lender and hopefully we can settle today.

Jun 12, 2009 12:25 AM
Katiejo Franks
Real Estate and Beyond, LLC - Scottsdale, AZ

My answer is no

Jun 12, 2009 12:30 AM
Richard Iarossi
Coldwell Banker Residential Brokerage - Crofton, MD
Crofton MD Real Estate, Annapolis MD Real Estate

Marilyn,

I'm going to have to go with the obvious. No!

Rich

Jun 12, 2009 12:32 AM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

I have often been told that I have a keen eye for the obvious, and my observation is that they don't want your deal.

Jun 12, 2009 12:37 AM
Charlie Ragonesi
AllMountainRealty.com - Big Canoe, GA
Homes - Big Canoe, Jasper, North Georgia Pros

My answer is yes it will close other wise the word dead woiuld not be in quotes. Of course the deal is I think going to change a bit. Looking forward to the answer

Jun 12, 2009 12:41 AM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Marilyn, the statement says the deal is going nowhere. However, there is always a chance to save it with cooperation from both sides.

Jun 12, 2009 01:01 AM
Irene Tron
Valparaiso, IN

My vote is NO.

Jun 12, 2009 01:25 AM
Tom Boos
Sine & Monaghan Realtors, Real Living - Grosse Pointe Farms, MI
Providing the very best of service to Sellers and

I think it's pretty clearly a "No".

Jun 12, 2009 01:34 AM
Jim Valentine
RE/MAX Realty Affiliates - Gardnerville, NV

Its a pretty clear No.  Dead means there is no life in it.

Jun 12, 2009 01:40 AM
Marilyn Harrell
Better Homes and Acres - Beaverton, MI
Wixom Lake - Beaverton MI

Pocono Mountain Lakes Realty, that was my first thought... Thank-you!

Laura, hope it works out so it can close!!! Thanks for your comment!

Katiejo, Thanks for playing along!

Richard, Was it obvious? Thank-you!!

Ed, I'm sure you're very keen! Thanks!

Charlie, CONGRATS! You guessed RIGHT!

Michael, Thanks, working on it!!!!!

Irene, Thanks for your vote!!

Tom, Clearly, I'm glad things are not clear!!! Thanks!

Jim, Clearly, nothing to say there's no life!!!!! Thanks!

Thank-you to each one of you! I appreciate your playing along.

 

Jun 15, 2009 04:34 AM
Marilyn Harrell
Better Homes and Acres - Beaverton, MI
Wixom Lake - Beaverton MI

Hey Winthrop from Lithuania,

Don't know anything about finding "work at home employment" - I'm a realtor, I help people buy or sell homes and land!

 

Jul 24, 2009 06:17 AM
Marilyn Harrell
Better Homes and Acres - Beaverton, MI
Wixom Lake - Beaverton MI

Tibalt - you must be SPAM ?

Aug 06, 2009 05:27 AM

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