We Finally Closed - It took almost a year!

By
Real Estate Agent WV0026375

 

I wrote a contract for a house that my sister Linda wanted to purchase on August 24, 2013, and we closed August 7, 2014.  I've never had a pending sale last almost 12 months. This was such an ordeal for my sister the buyer, sellers and both the listing and selling agents.  I wanted to help my sister purchase this home, but never new it would take this long.

 

At times I wanted to scream at the lender.  Who was the lender...U.S. Department of Agriculture, Rural Development.  My sister is legally blind and I thought this would be the way for her to go as she would not have to bring any money to the table.  Her money is very limited so we went USDA.  The USDA office is located across the road from my real estate office.  We were told it may take three-six months.   NOT!! 

 

I will say I can't blame everything on the lender.  The owner of the house died within a month of the contract. The four siblings had to remove all the furniture, they had yard sales and got the house completely clean, and we went back and forth on the sale price, appraisal, and home repairs.  Then had to wait for sellers to get a survey, and the septic had to be inspected. But, as you know since the owner had not lived in the house for over 30 days (she was in a nursing home) we asked for $5,000 to be kept in escrow until the new owner has lived in the house for 30 days to ensure septic lines are working properly.  Even after both buyers/sellers did their part, the lender (a one man shop) had to do all the paper work.  At the time the lender got the contract, he said she is #12  in the stack.  So, between all the holidays and his vacations.......almost a year later ................ We finally got to the settlement table and CLOSED! 

 

 

300 Vista Road, Bluefield, WV

 300 Vista Rd, Bluefield WV, SOLD

 

 

Anyway, my sister is delighted. My other sister, Avis, had a deck added to the back of the house and will be helping to renovate this cute 3BR, 1Ba house with 1,018 sq ft of living space, full unfinished basement, nice fenced yard, and large kitchen.  The list price on this house was $59,900.  Sale price, $53,000.

 

More renovations has begun.  The wall between the kitchen and living room will be removed to have an open floor plan, new laminated floors throughout, paneling covered  and walls painted.  The laundry room floor was made level, and the door to the outside was closed off and a new door opening added that goes out to the deck.  Basement door to the stairwell was removed and replaced with a solid wall as my sister would not be going down the stairs.  There is an outside door to the basement under the deck.  

Another sister, Alice, lives less than a quarter of mile from Linda's new home.  So they are both very happy to have this closure and move on with the renovations.    My brother gave Linda new kitchen appliances, and patio furniture.  We will definitely have a big celebration when she finally moves into her new home!

 

To say the least, this was the most frustrating transaction, but my sisters and I kept a cool head!  We Finally Closed - It took almost a year!

 

If you are buying or selling a home, call me... Rebecca Gaujot at 304-520-2133.  I will be glad to help you find that dream house or provide a comparative market analysis for a home you are wanting to sell.

 

Posted by

Your Real Estate Connection for Lewisburg, WV and the Greenbrier County

 

   

 

If I can assist you in any way with your real estate needs in Lewisburg, WV, Greenbrier County or the surrounding areas, please feel free to contact me by phone at
(304) 520-2133
, email
or visit my website at

www.lewisburgwvhomesforsale.com/

 

 Fathom Realty, LLC

Martha Hilton, Broker

 

 

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Comments (32)

Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

It's a sweet little doll house that Linda will be very happy in I am sure.  I am also sure that she appreciates all the help from you and other members of the family Rebecca.  I can't wait until you post photos of the renovation. Frustrating transaction I am sure, but well worth the wait.

Aug 11, 2014 10:16 AM
Women of Westchester Working Together
Women of Westchester Working Together - West Harrison, NY
Women helping Women get ahead

Wow, that is a long time.  Congrats to you and your sister for sticking with it.

Aug 11, 2014 10:23 AM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Rebecca, I cringed when I saw that it took a year to go to closing and I'm sure you are glad it's over but, what really stands out to me is how your family is coming together to help your sister. Absolutely wonderful. You're a good person and all your work paid off.

Aug 11, 2014 10:42 AM
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Rebecca,

Amazing, bet it feels so good now to have the perfect home for your sister.

Should be a great house warming party!

Aug 11, 2014 10:53 AM
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good evening Rebecca. Wow! Almost a year to close a deal. I would endeavor to say, it must feel good to have the  home your sister always wanted.

Aug 11, 2014 10:59 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

What an ordeal . I hope she got a good interest rate . All is well that ends well . Best of luck to your sister It sounds like it was worth the wait 

Aug 11, 2014 11:28 AM
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

What a wonderful story - oh not about all the trials and tribulations of the deal but rather, about your wonderful, caring family.  I think that adorable house will be filled with plenty of joy and love.  So glad she was working with a pro who hung in there.

Aug 11, 2014 11:36 AM
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Congratulations. Most Buyers don't have that much patients to wait tha long.

Aug 11, 2014 12:52 PM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Jeff, it felt like a short sale :)

Debbie Laity WOW 1.5 years...I believe my sister would have just said forget it.

Oh Yes, Roger D. Mucci it definitely is a doll house and will be so so nice when renovations are completed.  Will have before and after photos.

Aug 11, 2014 01:13 PM
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

How are are you from Cleveland?  I'd love to see it in person and meet the family!

Aug 11, 2014 01:16 PM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

W.of W. yes it was a long time, so glad it is over.

Amanda S. Davidson thank you and I am looking forward to the house warming party.

Pete X-Investment to Luxury, Huntington Beach, CA -GRI-MCNE 714.459.2017 OCLister.com .. ah yes it feels great and am happy to have been a part of this purchase.

Yes, Michael it surely does feel good.

 

Aug 11, 2014 01:17 PM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Hannah, it was an ordeal but truly worth the wait.

Susan Haughton thank you!

Larry, worth the wait.

Aug 11, 2014 01:19 PM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Roger D. Mucci, Bluefield WV is  355.51 miles (Via I-77 N) about 6 hours + from Cleveland....I think.

 
Aug 11, 2014 01:24 PM
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

This is an amazing story.  I am glad things worked out for your sister.

Aug 11, 2014 01:54 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Even though it took so long to close, it such a nice sweet story of how close your family is Rebecca!

Aug 11, 2014 09:46 PM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Joan, thank you for stopping by today.

Larry and Sheila, we are a close family. I have 6 sisters and 3 brothers still living

Aug 12, 2014 02:13 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

That is incredible. At least it closed and your sister was able to wait it out. I knowyour nerves were on edge and wondered if it ever would close.

Aug 12, 2014 10:11 PM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Debbie Reynolds   everyone's nerves were on edge.  I talked with Linda today and she is just SOOOO excited about her home and all the renovations going on.

Aug 13, 2014 08:14 AM
Cheri Long
Metro Brokers/Priority Properties, Inc. - Centennial, CO
Metro Denver Realtor- Your Home is my PRIORITY

You deserve patient REALTOR of the year! Or 354 days ... Congrats

Aug 13, 2014 11:09 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

wow.. Rebecca talk about preservance and determination to take almost one year is incredible and unbelievable. Congrats to you and your sister. 

Aug 24, 2014 05:30 AM