I have a variety of transactions that would easily fit the requirements for the December Contest. I think this one is worthy of sharing because no one else in my area was able to satisfy it. It was special.
The Chief of Police in my town called me and asked a favor. He had a man at the station (an old friend of his) who had just been released from “the big house” in another state. He had been charged with a serious felony, but he served his time.
He was originally from Franklin and wanted to settle here again. He was a licensed plumber and still had many contact in the area who were willing to give him work. I didn’t ask questions about licensing!!! All I was told was no other agent would work with him. They said he couldn’t buy a home and possibly could not find a rental to accept him.
I knew that whatever we found, it was a favor that was needed for financing. Convicted felons are not financeable days after their release.
I met with him and liked him. He was a tough one, but I was always proud of dealing with the good; the bad and the ugly. This one was very ugly. He looked “the part.” Very tough and carried himself in that manner. We became friends!
I suggested that he contact all the area people who were in the trades when he was a plumber and ask if they would give him a price for building a modest ranch style home. He did exactly as I suggested and was very excited about the thought of doing his own plumbing, on someone else’s license, of course.
I had a small lot available on a private way. It was perfect for him. It was a tough lot to sell to others who had better options. The next step was the most difficult. It was the financing of the lot and the construction of the home.
We collected the numbers, and we included paying the plumber!!! The ball was now in my court.
I called a local bank officer who I knew, and I asked a favor. I explained the entire situation, and I included details of who his friends were. The loan was granted. Of course, I promised that bank a steady flow of mortgages from my newly listed subdivision of 35 homes.
The bank officer met the buyer, and they eventually became “golfing friends.” That happens when you know the Chief. His loan was granted; the lot purchased; and the home built.
My ex-con buddy was a happy guy. I learned many things from this transaction. Anything is possible, if you approach it properly. There’s always a way to make things happen. Bartering is powerful!!
Did I mention that I received many referrals from my friend, and my greatest nightmare was that I would be saddled with newly released inmates?
That did not happen. This man walked the straight and narrow from that day forth. His friends had families and owned nice homes. The business he referred was “top shelf.” He learned his lesson and lived a normal life from that day forth.
This is an entry for the December Contest by Carol Williams.
Sorry I was so long winded with it!!!!