Under Contract - Highline Meadows - Centennial, CO

By
Real Estate Broker/Owner with Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786

 

This Buyer called me when she decided to sell her rental property in Nebraska, and put me on notice she would be doing a 1031 exchange once her property went under contract.  That only took one day, and we set off on the search for her replacement property.

 

 

Having worked with the entire family on many transactions, again, it was easy to jump in and know exactly what she was looking for.   There was a property that came up before she had an executed contract, so had to miss out on that one, but another came up nearby within a day.

 

She will be a cash sale once the Nebraska property sells, and is closing end of the month, so thought it would be easy to close on this vacant property here in Denver.   Not so much!  Even though the Seller did sign the contract closing in June, he came back saying he is in Costa Rica and will not be anywhere near to sign papers until he returns to the US, which will be after the 4th of July.   Thinking he (or his agent) should have thought of this when accepting the offer.   BUT, Buyer is amicable, and accept the week and a half delay in closing.

 

Otherwise, everything is going as planned, and she will be excited to have a rental property nearby, rather than 7 hours away!  AND, the rent payment will also increase by 30% !

 

 

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Metro Brokers - House to Home, Inc.House to Home

GRI, CRS, CNE, e-Pro  

Broker/Owner

Joan@JoanCox.com

720-231-6373

 

Denver Real Estate

Homes for Sale in Denver

Neighborhoods in Denver

 
  A Denver Metropolitan Realtor

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Rainmaker
2,707,819
Nina Hollander
Coldwell Banker Residential Brokerage | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Congratulations on the sale, Joan... would you believe that in 25 years no one has ever asked me to do a 1031?

Jun 16, 2018 08:16 AM #15
Ambassador
1,681,132
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Hi Joan, sorry to hear about the Costa Rica delay, but happy to hear the other party is okay with the delay and that it won't interfere with the 1031 exchange deadlines. Congratulations  - again!  D :) 

Jun 16, 2018 08:20 AM #16
Rainmaker
3,631,665
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.346.1799 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Joan Cox,

Congratulations on your pending sale for you and your investor! Sorry for the delay because the seller is in Costa Rico but it's all working out which is great!

Jun 16, 2018 08:59 AM #17
Rainmaker
2,421,269
Rebecca Gaujot, Realtor®
Vision Quest Realty, Martha Hilton, Broker - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Joan, congratulations on this pending sale. I've never been asked to do a 1031 exchange in my area. 

Jun 16, 2018 09:15 AM #18
Rainmaker
3,041,392
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hello Joan- - -congratulations on another successful transaction- in-the-making.

Jun 16, 2018 10:37 AM #19
Rainmaker
2,117,111
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Why couldn't the seller drop by a US Embassy and sign docs in Costo Rica? Oh, well, if everybody is OK with a delayed closing, so be it, I suppose.

Jun 16, 2018 10:38 AM #20
Rainmaker
1,691,201
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Joan - congratulations on this pending.  I hope it moves to a swift closing.

Jun 16, 2018 10:45 AM #21
Ambassador
3,972,154
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

What a fine job you did, Joan finding just the right property for your client. Hope the closing goes very smoothly.

Jun 16, 2018 06:51 PM #22
Ambassador
2,893,473
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I know I've told you this before but I love to read about your successes and of course to congratulate you on your latest endeavor Joan.

Jun 16, 2018 10:56 PM #23
Rainmaker
4,619,260
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Joan.  Congrats on the upcoming sale of this Highline Meadows home Centennial, CO. 

 

Jun 17, 2018 04:58 AM #24
Rainmaker
3,818,389
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, it isn't my niche either, but have done quite a few of them.

Jun 17, 2018 04:00 PM #25
Rainmaker
3,818,389
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Debb, luckily the buyer can wait.

Jun 17, 2018 04:01 PM #26
Rainmaker
3,818,389
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Dorie, could be worse -- a delay isn't the worst.

Jun 17, 2018 04:02 PM #27
Rainmaker
3,818,389
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

That is interesting Rebecca.

Jun 17, 2018 04:02 PM #28
Rainmaker
3,818,389
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, as you say - in the making....

Jun 17, 2018 04:03 PM #29
Rainmaker
3,818,389
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents he could not be bothered - he is camping & surfing, and not close to any city.

Jun 17, 2018 04:04 PM #30
Rainmaker
3,818,389
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Grant, should not be long, but sad for the Buyer there is delay.

Jun 17, 2018 04:04 PM #31
Rainmaker
3,818,389
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thanks Debbie, as long as we see no more delays, all will be good.

Jun 17, 2018 04:05 PM #32
Rainmaker
3,818,389
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Paul S. Henderson, REALTOR®,CRS, it is fun reading of other's success and be happy for them.  Thank you!

Jun 17, 2018 04:06 PM #33
Rainmaker
3,818,389
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thanks Gabe!

Jun 17, 2018 04:06 PM #34
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Denver Real Estate - Selling One Home at a Time
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