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Hey, my buyer's house is flooded

By
Real Estate Agent with Select Realty Professionals

Chattanooga Real Estate - NW Georgia FloodingThat's the call I got this morning from the buyer's agent for a house that I have listed (and under contract). We are supposed to close in a couple of weeks and she wanted to know if there was anyway that we could come to an occupancy agreement so that the buyer could go ahead and get out of his waterlogged abode.

I think everyone here has just about had it with rain, Active or otherwise!

 

Photo taken from WRCB TV

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Julia Odom enjoys long walks on the beach, debating the renovation vs. restoration question and hanging out with home inspectors.

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Tori Stamps
Stamps Realty - Franklin, TN
MA JD - Broker/Owner Franklin TN Homes for Sale

Don't leave us hanging!  Did you come to an agreement?

Sep 22, 2009 02:48 AM
Julia Odom
Select Realty Professionals - Chattanooga, TN
Chattanooga Homes for Sale

Waiting to get the appraisal and thus the financing contingency waived and then it looks like we'll  have an agreement. Appraiser is there now. Keep your fingers crossed.

Sep 22, 2009 03:00 AM
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Just thank your lucky stars that the seller's house isn't flooded!

Sep 22, 2009 01:54 PM
Diane Rice
Rice Prprty Mgmnt & Rlty, LLC, South Holland, IL - Lansing, IL
SFR, SRES, CNC

Julia, WOW!  It is the seller you represent, right?  This is an awful thing to face for you and the seller, and it's a GOOD thing for the buyer that it happened prior to occupancy isn't it?  Please keep us posted for we want to know the outcome.

Sep 24, 2009 01:47 AM
Richard Byron Smith, NMLS #184479
Mortgage Loan Officer, Fairway Independent Mortgage Corporation NMLS #2289 - Chattanooga, TN
Mortgage Loan Officer

Great photo Julia. And now it is raining, actively, again in the big city. :)

Richard

Oct 05, 2009 03:31 AM