A wild ride in real estate today!

By
Real Estate Agent with Gold Key Real Estate

I was up early emailing some buyers about a house and the upfront money required.  I called the agent asking for utilities and was told that they were negotiating a contract.   I warned my buyers if they wanted any chance on the home they had better act fast.  They didn't and the house is gone.

I called BLB resourses to extend my HUD contract.  They felt I did not have enough documentation.  I tried to deal with the loan officer that my clients are using to refi their current home so they can buy the HUD home.   My client got a nasty call from the loan officer telling them to keep me out of it.   I told him that I needed more documentation or they would list the house for sale again by Monday.  The loan has been in the works for 5 weeks and still has 3 weeks to go.   I don't get that.

My clients who were overbid yesterday needed to start looking.  We started looking.  On the third house they fell in love.   They wanted to put a bid on it.  I felt they liked this new house better then the one they lost.  That was good.  I called my loan officer for a new loan letter.   I called the other agent to tell him I was writing an offer.  He told me that they just signed a contract today.  We were really bummed.   We ate our lunch and dropped hubby off at work and we ladies continued.  There was one home we wanted to show him.  It was nice but not where they wanted to be.  They were going to think about it.  We said goodbye and I went to put out fires on my HUD deal.   I noticed a phone message.  I called the number back.  The deal on the house my clients loved was not going to work!  I called my clients and we just signed a offer.  I have been working 13 hours and am officially exhausted.  I am not sure if I am done but today was a wild ride in real estate today.

Posted by

  Debbie Holmes

Gold Key Real Estate     Company logo

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

To search Boise Homes visit my website

 

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Rainmaker
565,466
Jordon Wheeler
The Jordon Wheeler Group - Fairburn, GA
J W Group Real Estate Sales and Service

Hi Debbie,

Way to go!  A super productive day with good results.  Best of GREAT success to you in 2014!

Jan 23, 2014 10:37 AM #1
Rainmaker
200,319
Debbie Holmes
Gold Key Real Estate - Boise, ID
Gets the job done!

We will see tomorrow how good the results are.   I think it is time for a nice hot bath.

 

Jan 23, 2014 10:44 AM #2
Rainmaker
3,581,118
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Debbie. What a story. Real estate is a roller coaster ride always but some days are more frenetic than others. Good luck with this new deal.

Jan 23, 2014 09:28 PM #3
Rainer
340,595
Bill Lauler
Chase Realty LLC - McLean, VA
Associate Broker,CIPS,CRB,SRES,GRI

Good Job Debbie, Just stick with it. I am sure the market will return soon and loans will get easier to acquire. It looks like your market is opening up.

Jan 23, 2014 09:37 PM #4
Rainmaker
200,319
Debbie Holmes
Gold Key Real Estate - Boise, ID
Gets the job done!

Now we wait for the counter.  I am hoping I have enough time to follow up on some prospecting.  I have some FSBO's I am presuing.  I also have my data base project that I have not had time to look at since Friday.  

Jan 23, 2014 10:35 PM #5
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Rainmaker
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Debbie Holmes

Gets the job done!
Want to sell that home?
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