Have to commend a first time Buyer to continue on the journey to buy a home when the first transaction goes South! This Buyer had a home earlier this year under contract that had a clouded title and the home was not salable. Luckily, the Seller/listing agent refunded this Buyer all his money expended on the appraisal and inspections!
This beautiful home had several offers in the first weekend on the market, and my Buyer did not win the bid. He LOVED this home, and I thought maybe we should write a BACK-UP offer to ensure if it should fall, he would win the bid the second time around! Well, that is exactly what happened. The first Buyer terminated, and HAPPY DAYS! Another reason to write a back-up, just in case. This transaction is so much different, a home very well maintained by the Seller and he took great care in everything in his home!
The inspection yielded a few items, but the Seller and listing agent are very reasonable and easy to work with. The appraisal is another hurdle, as it is at the top of the market, but have positive thoughts, and this Buyer is excited to finally get into a home!
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