Wow the short sale should go through....

By
Real Estate Agent with John L. Scott Sp34627
 Wow I am on my way to Caldwell to get the paperwork to take the sister of title (brother gave her a promissory note for $10K).  The funny thing is it took longest to get the sister off title.  She delayed 2 months even though that should have been easiest.  Everyone else did exactly what they said they would do and did it when they said they would.   The brother never did give me the sisters telephone number.  I still wonder why the sister had the promissory note.  We should close on the deal by January 30.  I just hope all the paperwork is correct.  This has been a very difficult short sale.  There were tax liens, 2 mortgages, 2 judgments and a promissory note.  Originally there was $205K against the property now I'm working with the second and purchasing the home for $138K.  The second and I will split any profits we can earn.  Wish me luck....
Posted by

 Debbie Holmes

John L. Scott Real Estate

  

(208)761-2551 Email: d5holmes@msn.com

To search Boise Homes visit my website

 

Comments (4)

Clint Haynes
Peoples Home Equity, Inc. - Mount Juliet, TN

That sounds like a pretty awesome deal, and a lot of work.  Good luck with it

Jan 28, 2008 04:44 AM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County
Good luck. Making a short sale happen does take patience and luck!
Jan 28, 2008 04:49 AM
Jessy Lee
Realty One Group - Irvine, CA

Hi Debbie,

Thanks for commenting on my first blog entry.  It's just what I wanted to hear regarding improving google search engine.  Anyway, I recently closed a tough short sale but my clients and I managed to close the deal!  Hang in there, be persistent, and keep your client motivated thru the time consuming process and they will hang in there with you. Jessy Lee

Jan 28, 2008 05:01 AM
Debbie Holmes
John L. Scott - Boise, ID
Gets the job done!
ARRG the document wasn't correct!!!!!  She sent the second page that proved her signature but not the actual docment.
Jan 28, 2008 07:45 AM

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