Sunnyvale Ca Short Sale and Carbon Monoxide Monitors

Real Estate Agent with eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales B.R.E. 01191194

Carbon monoxide monitor

There is a new law that mandates Carbon Monoxide monitors be installed in all residential properties in California. Lenders are taking this seriously! I had a buyer purchasing a short sale in Sunnyvale that was scheduled to close last Friday, after several extensions. (The first lender kept asking for closings that were not physically possible to adhere to due to a second loan.) We managed to get to loan docs being drawn within 3 weeks of the approval on the second, a miracle in itself. This was on Wed., 2 days before drop dead close date.  Loan docs were signed and sent by currier (for a cost of $180) back to the lender. Thurs morning, when they were supposed to fund, the lender said they wanted to see a picture of the required carbon monoxide detectors before they would fund. The picture was taken and sent back to the lender after a little hysteria on everyone's part and we closed on Fri.

Lesson learned. Plug in the little devise before the inspection before the appraisal, and save yourself a lot of last minute drama.

If you have any questions about short sales in Santa Clara or San Mateo Counties please feel free to contact me.

Marcy Moyer CDPE

Keller Williams Realty


D.R.E. 01191194


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Marcy Moyer eXp Realty of California  Specializing in Probate and Trust Sales, and Rental Investment Properties



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Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Marcy, Congratulations on the short sale closing.  I have purchased several carbon monoxide detectors to plug in however recommend a wall mount alarm.  Let's hope lenders don't start to mandate they type of detectors they will accept!  Great job!

Sep 06, 2011 01:35 PM #1
Marcy Moyer
eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales - Mountain View, CA
Probate, Trust, and Investment Specialist

Thanks Kathleen! Never a dull moment in real este these days. Are you going to the meet up tomorrow?

Sep 06, 2011 01:45 PM #2
Paul Gapski
Berkshire Hathaway / Prudential Ca Realty - El Cajon, CA
619-504-8999,#1 Resource SD Relo

thank you very much for the informative and interesting post. I get so much out of the active rain network.

Mar 13, 2012 01:28 AM #3
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Marcy Moyer

Probate, Trust, and Investment Specialist
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