Another Sale in Watertown CT After Jumping a Few Hurdles
We just closed on a comfortable 3 bedroom colonial in Watertown CT and the happy buyers were pleased and relieved. Pleased to have gotten for them a perfect home and relieved for the hurdles we had to leap to get to the closing table.
A mis-communication with the buyer's online lender created the first issue as they were conventional buyers and the lender sent the appraiser out for an FHA mortgage. The house had paint issues so FHA was not going to work. Almost 2 weeks were lost, which when dealing with a foreclosure is inexcusable.
What created the biggest issue was the fully finished basement for which no permits had been pulled. The listing agent had done no survey and as they were from out of area were not going to do anything either. This agent then had to visit the Watertown CT town offices and first make an appointment with the Environmental compliance office to get an application to have the house inspected for compliance. Once that was done, and the fees paid, then a site inspection with the Environmental officer and the building inspector were required. Fortunately I was able to get them both there together.
All necessary permits were then issued. Again the fees paid, and within 48 hours we were back on the path to closing. We had to wait for the appraiser to amend the appraisal for conventional and all sat down to close.
Buyers can start to do their changes and clean-up, and after a few corrections are made, the building inspector will close the permits and the house will have a clean bill of health for whenever the new owners chose to move on.
The value for the buyer was having an agent that new how to work the system to get the problems resolved and keep the deal moving forward. These buyers closed on time, paid no per diem charges and have a new home to call their own.
If you are looking for an experienced real estate professional to help you with your Central CT home search and take you to closing, then call me.
Another First Time Home Buyer Satisfied in Watertown CT