Tell Me Something....Bad!

By
Real Estate Agent with pat@patanddonna.com/828-691-9625

Tell me something.....bad!

Sad Clown

It continues to amaze me that our best friends, relatives, business associates and closest confidants refuse to tell us they are in trouble with their homes...their HOMES!!

"No....I'm not behind on my payments...you know I make a bunch of money....why would you ask me that?"--------------  That space is their embarrassment when the bank has called to ask where to send the short sale papers and, you are calling your friend to find out what is going on.

I know we are not doctors or lawyers and, there is no implied privacy, but there should be implied trust that you will take care of them and their families to the best of your ability and with the most discretion legally possible.

I understand embarrassment but it's your HOME!!...so you wait until you are three payments behind to finally disclosure that your house is being foreclosed on.

What were you thinking? I'm your Realtor and, as such, have only your best interest in mind. Embarrassment versus homelessness...I'm thinking that's a nobrainer.

How about you?

Comments (6)

John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Our team is actively soliciting short sales. I got a call today from a homeowner on our mailing list. He said that the Notice of Trustee Sale was taped to his front door today. I guess he finally gets it. It is very sad that homeowners who are drowning in their mortgage bury their heads until it is too late - or almost too late.

Oct 10, 2012 09:54 AM
Steve Ewing - Keller Williams Realty
Keller Williams - Stockton, CA

Patricia - Friends and family may not be the best clients to have.  What I would do is to refer them to another agent I trust.  It does not mean I do not care, I do.  Keeping this transaction at arms length makes sure that they get taken care of and family relationships are kept in tact.  Thanks for the blog.

Oct 10, 2012 10:12 AM
Daniel J. Brudnok, REALTOR
Berkshire Hathaway Home Services Fox & Roach, REALTORS - Exton - PA License #RS-225179-L / Delaware License #RS-0025038 - Downingtown, PA
SRES, e-PRO,ABR,GREEN,CSP

Hi Patricia,

The embarrassment blinds the possibility to correct or settle faster......a sad story heard too many time

Oct 10, 2012 10:15 AM
Patricia Puckridge
pat@patanddonna.com/828-691-9625 - Asheville, NC
GRI, CRS, ABR, PHP, SRES, Keller Williams
Thanks for all of your comments. We've all seen it happen too many times.
Oct 11, 2012 07:27 AM
Jerry Newman
Brown Realty, 210-789-4216,www.JeremiahNewman.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Patricia. Steve makes an excellent point in comment #2. Their embarrassment keeps them from calling us in a timely manner. I know in Texas, it takes 21 days to foreclose, and that doesn't leave a lot of time to save someone's home.

Oct 15, 2012 12:16 PM
Patricia Puckridge
pat@patanddonna.com/828-691-9625 - Asheville, NC
GRI, CRS, ABR, PHP, SRES, Keller Williams

Jerry, you are absolutely right.  It's done and over with before they know it. 

Oct 16, 2012 04:45 AM

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