Frustration can be a expensive thing. The simmering cauldron of frustrations and delays involved in a real estate transaction can erupt into words and actions not in the best interest of closing the transaction. It is better to win the war and lose a battle or two than win the battle but lose the war house.
The real estate market of the past few years pushed many homeowners to the edge. It tested the mettle of real estate professionals, lenders incurred the wrath of the masses and millions of consumers watched as unrealized home and stock equity disappeared. No wonder the frayed and raw nerves just below the surface stand ready to erupt at the slightest provocation. We are suffering a bit from Post Housing Meltdown Trauma.
With millions of homeowners upside down, thousands of real estate agents with declining incomes, and banks guarding their vaults with a long list of conditions before they will approve a loan, the times are challenging to say the least. As I told a client ready to issue escrow cancellation instructions, "Calm down, take a deep breath and step away from the transaction for a day." Things may look very different after a good night's sleep.
Often, all the ranting and raving, threats and posturing are simply wasted energy. It takes time to sell a house. It takes time to get a loan. It takes time to close an escrow. It is never a straight line adventure.
Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800
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South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Information is deemed reliable but not guaranteed.
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