A Story About a DREAM, a GOAL, Two Plans, and a 5-Star Plan-B!

By
Real Estate Agent with California Properties 01947830

Have you ever had a dream? You know that to turn your dream into a reality, you need a plan. So you make a plan, and VOILA! You are on your way! What if what you need to do isn’t a dream, but rather a necessity? Now you have a straight-up goal, and you still need a plan to make it happen. So you plan, and VOILA! You are on your way! I just worked with clients (now friends) where one person’s DREAM and another family’s GOAL came together to create a very complicated transaction. To make a long story semi-short, here is the back-story: My clients sadly lost their mother and needed to sell her home quickly to save it from being auctioned by the bank because it had a reverse mortgage on it which became due when the mother passed away. The house was in disrepair, so using a program available only at my brokerage (The Cosmetic Repair Program) we worked with the family to fix it up so we could sell it for more than what was owed. Our GOAL was to get back as much money as we could for the family after paying back the bank, When the house was ready to sell, we quickly found the perfect buyer. This buyer’s condo was already in escrow and she was excited to purchase this DREAM home which is beautiful now, and which is in the ideal school district for her daughter. Both sides had plans that were working out perfectly… so far! We had the home inspection, and then the appraisal, and we were very close to closing escrow when the buyer’s escrow on her condo completely fell apart. Her buyers went on a honeymoon and spent their down payment! Yikes! Well now everyone’s plans were all messed up, and my sellers were panicked. We had already filed for as many extensions as I thought we could get from the bank, and with the bank sale date looming, I was not sure we had enough time to put the house back on the market, find another buyer, and go through another escrow period before disaster struck. Furthermore, our buyer loved the home and was devastated at the thought that she might lose out on her dream. What a colossal problem! After some brain-storming, we came up with a 5-STAR PLAN-B, and we saved the DREAM and the GOALS of all parties. “What did we do?” you might be wondering. Using a financial program available only through my brokerage, we BOUGHT THE CONDO FOR CASH, and closed that escrow in a few days. The buyer of my client’s home was ecstatic that she could finally purchase the home of her dreams immediately. Needless to say, my clients were beyond relieved that we were able to close escrow on their home just days before the scheduled bank auction. And in case you are wondering, “YES!” We met their GOAL and sold their home for much more than what was owed to the bank. Working in Real Estate is what I love doing, because I love helping people turn their dreams and goals into realities. So if you have a DREAM, or a GOAL, or even the beginning seeds of a PLAN, let’s talk! What’s YOUR story?

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Topic:
Home Selling
Tags:
listing
selling
repairs
information
advice
money
story
reverse mortgage
financial planning
foreclosure
cosmetic repairs
financial program

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Rainmaker
1,714,455
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Everyone we help has a Big Why ? It's an amazing feeling helping them achieve it !!!

Jan 18, 2017 04:40 PM #1
Rainer
360,983
Noel Mayer
FAIRMOUNT REALTORS - Montclair, NJ
YOU'RE RIGHT AT HOME WITH NOEL

Kristina,

Welcome to Active Rain Thank you for sharing.

( Turning dreams into reality )

Jan 18, 2017 04:55 PM #2
Ambassador
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Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Kristina Fruneaux, we share the love of helping people. BRAVO KF!  I would like to welcome you to our ActiveRain Community. Please take time to explore the whole site, it's worth it!

Jan 18, 2017 09:22 PM #3
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams fox cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Thanks for sharing the story Kristina.

Welcome to Active Rain, looking forward to reading many more of your posts, let me know if there is anything that I can do to help as you get started here.
All the best of success to you.
Bob

Jan 18, 2017 10:21 PM #4
Rainmaker
1,189,885
Kat Palmiotti
Grand Lux Realty, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Welcome to ActiveRain! Good for you (and your company) for being able to help your clients reach their goals. Looking forward to reading more from you.

Jan 19, 2017 03:53 AM #5
Rainmaker
1,489,547
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

Hi Kristina Fruneaux, Welcome to Active Rain.  Congrats on your first blog post here. This is a great place to meet and interact with professionals while learning about various real estate markets.

Jan 19, 2017 04:58 AM #6
Rainmaker
4,315,362
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

Good morning, Kristina Fruneaux you did a fine job of helping those folks achieve their goals.... and when people help people, word spreads!!

Jan 19, 2017 05:59 AM #7
Rainmaker
4,315,362
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

and welcome to ActiveRain....it's a great place to learn, share, market and network....and I hope you enjoy it and benefit from all of it....

Jan 19, 2017 06:00 AM #8
Rainmaker
3,959
Kristina Fruneaux
California Properties - Cypress, CA
Let's PLAN to turn your GOALS into REALITIES!

Thank you all for your kind words! I am looking forward to being an active participant here!

Jan 19, 2017 08:18 AM #9
Rainmaker
2,628,652
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Kristina Fruneaux and Welcome to the Rain where we all learn from each other and help each other.  Make it a great day!

Jan 19, 2017 12:40 PM #10
Rainmaker
4,046,051
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Welcome to active rain. I love your post.

Jan 19, 2017 01:15 PM #11
Ambassador
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Kristina welcome to ActiveRain and congratulations on posting your first blog on this site.

Jan 19, 2017 04:27 PM #12
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Kristina Fruneaux Welcome to ActiveRain.

This is The Best place to learn, share and build relationships with like-minded professionals.

Jan 19, 2017 09:46 PM #13
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Very touchy story, Kristina Fruneaux.

Going above and beyond for our clients is the difference.

Jan 19, 2017 09:48 PM #14
Rainer
29,552
Kim Fox
kimfoxhomes - Pearland, TX
Pearland Specialist

Great first post Kristina Fruneaux. Welcome to Active Rain. Best of luck to you!

Jan 20, 2017 09:33 PM #15
Rainmaker
1,356,040
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Los Angeles CA

Kristina,

Welcome to the Active Rain blogging community! 

Congratulations on your first post.

Jan 20, 2017 11:58 PM #16
Rainmaker
1,673,998
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Good morning Kristina Fruneaux , Welcome to Active Rain and congratulations on your first blog.

Jan 21, 2017 09:45 AM #17
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Rainmaker
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Kristina Fruneaux

Let's PLAN to turn your GOALS into REALITIES!
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