The Kids Are Alright

By
Real Estate Agent with RE/MAX Elite 513.520.5305 www.LizTour.com SAL.2002007747

my niece, not the home buyer!Things are a lot different that they were when I was a kid many, many moons ago.

And often what you hear about current generations falls into the "get offa my lawn!!!" mentality.  I won't repeat it, because I'm betting you've heard plenty of it.

Now with much of my work centered on low maintenance housing, many of my buyers feature gray hair on their heads, but we're not limited to that demographic.  We'll help first time home buyers and every level in between.

This afternoon one of the most impressive buyers I've every worked with became a homeowner.

The young lady was 18 and she is DRIVEN!

She graduated high school last Spring and rather than paying some landlord rent she wanted a place of her own, and I was the fortunate agent she contacted to help buy that first home.

Unlike many home buyers, she had a clear idea of what she wanted, and strong support from her family (including some down payment assistance from relatives).

The first home we looked at needed too much work.  High risk, low reward type scenario and not ideal for even an experienced home buyer, much less a first time home buyer.  We had a detailed discussion about how things worked and how I could help.

She quickly got her preapproval.  You might be thinking, 18??  Does she have enough work history?  And she did.  She'd clocked in 2 years of collecting a paycheck so she was just this side of the boundary between our loan officer being able to help now, or needing to wait.

The second house we toured the next week was spot on with what she wanted.  It met her budget, had good bones, and could be updated easily.  She had a quick talk with her parents (who were at the showing) and we wrote an offer on the kitchen counter before leaving.

The offer was accepted without a counter (wooohooo!!!!).  Inspections identified some electrical issues (again agreed to by sellers with no counter...another woohooo!!!).

Other than a 1 day slip in closing to satisfy a FHA appraiser detail, the process was smooth.  The appraisal came back $10,000 above purchase price, not bad at all for a home priced in the low $100s.


At final walkthrough, the buyer had her uncle along to take some measurements for some work he'll be doing. 

Within a week the home will have new flooring in three rooms, paint to the buyers' satisfaction, new kitchen cabinet hardware & new counters, a dishwasher installed, and all the outside doors will have new locks and deadbolts installed.

Today's closing was a joy to attend.  The sellers were happy and so was the buyer.  Hugs exchanged, a group photo at the end, it was everything you could hope to see.

Yep, the kids are alright, and some of them are buying homes long before you might expect.

18...wow!  I really impressed, and that doesn't happen often, but even engineers have feelings :)

Serving Greater Cincinnati home buyers and sellers,

Bill & Liz aka BLiz

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Serving Warren County Ohio & Adjacent Areas

 

The Liz Spear Team of RE/MAX Elite
Elizabeth Spear, ABR, CRS, Ohio License SAL.2002007747

William (Bill) Spear, CRS, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
Bill Direct:  513-520-5305
Liz Direct: 513-265-3004     
Fax: 866-302-8418

MailTo:  Liz@LizSpear.com

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Brian England 01/14/2020 07:00 AM
Topic:
Home Buying
Location:
Ohio
Tags:
home buying
first time home buyer

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Rainmaker
3,437,920
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Bill. Nice to see young people with a sense of direction and family support. Enjoy your day!

Jan 14, 2020 04:50 AM #1
Rainmaker
2,737,681
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

That is incredible and I love hearing about people like this that know what they want and put in the hard work to get it.

Jan 14, 2020 06:18 AM #2
Rainmaker
3,504,509
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Bill - I saw your Facebook post with this good news and I hoped you would share it here as well as this kind of news should be spread geenerously.  Good for your client for her decision to buy a home and especially good she chose you for her real estate representation.  

Jan 14, 2020 06:37 AM #3
Rainmaker
1,759,998
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I can only imagine how happy you were with this successful transaction! Congratulations to a spectacular young woman

Jan 14, 2020 07:17 AM #4
Rainmaker
5,614,634
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is a wonderful story to share. Hopefully, it will encourage other young people to become home owners.

Jan 14, 2020 08:58 AM #5
Rainmaker
1,847,148
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Hi Bill -- this is a wonderful story. Young adults get bashed far too often by others; generalizations are dangerous things in which to believe. This post would be a good one for Carol Williams or Kathy Streib to include in their weekly round ups.

Jan 14, 2020 08:58 AM #6
Rainmaker
4,673,266
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Bill,

What a wonderful story, and each generation has complained about its youngsters as far back as B.C. days.  What a wonderful story, and you were the perfect person for her.  A

Jan 14, 2020 08:58 AM #7
Rainmaker
1,414,322
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Bill,
That IS impressive! I was proud of myself for buying my first home at 21.

Although things HAVE changed a lot since we were young, there are still a lot of responsible young people out there who want to make their own way in the world without the entitlement attitude so many do have. 

Jan 14, 2020 09:39 AM #8
Ambassador
4,044,070
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Bill- I have a huge smile on my face with this one. I would love to be able to shake this young lady's hand!!! I am beyond impressed. I wish her well!!!

Jan 14, 2020 12:52 PM #9
Rainmaker
2,113,309
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Liz and Bill Spear - I came here as a result of Brian England re-blog. Now, I read the entire story in its entirety and can understand why you just had to write all about it! 

This amazing young woman has a great sense of business and the concept of acquiring wealth is real. She's going to make a fine leader in whatever profession she decides. Responsibility, accountability, and commitment learned at tender ages almost always guarantees success. I wish her the very best. The fact that she has a support system in place with the two of you and her family makes for a good foundation for future business with her and her family. It will be fun to see where she goes years from now. I know, that if asked, you'll be there. 

Jan 16, 2020 09:34 AM #10
Rainmaker
3,881,925
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Hi Bill,

So exciting! This young lady is truly amazing and I'm sure her parents are proud of her. Good for you for being chosen to help guide her through the process..she was wise in picking you.

Jan 18, 2020 02:33 PM #11
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Jeff Dowler, CRS
eXp Realty of California - Carlsbad, CA
The Southern California Relocation Dude

Hi Bill:

This really made me feel good! What a wonderful client to have worked with and I bet it was a fun experience for you both. She must be thrilled to be a homeowner - something I bet a bunch of her peers are not and may not be for a while.

Jeff

Jan 18, 2020 03:43 PM #12
Rainmaker
620,327
Claude Labbe
Real Living | At Home - Washington, DC
Realty for Your Busy Life

And that surely brings us all hope in the future of the younger generation.  I can only hope some school sees this young woman's future and offers her an invitation to their campus

Jan 18, 2020 05:31 PM #13
Rainmaker
2,812,526
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

A lot of them are alright my experience as well! Big congratulations to all!

Jan 18, 2020 11:21 PM #14
Rainmaker
1,533,414
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

This is a really inspirational story!  How refreshing to meet a young buyer who is so motivated.

Jan 19, 2020 01:06 AM #15
Rainmaker
213,851
John Henry, Florida Architect
John Henry Masterworks Design International, Inc. - Orlando, FL
Residential Architect, Luxury Custom Home Design

That is a great story and I think MANY of these 18 to 30 year olds could benefit from some PR from your real estate organizations.  I had no idea I could qualify for many years!  Thanks for that.

Jan 19, 2020 06:01 AM #16
Rainmaker
1,504,149
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

"Even engineers have feelings" - I laughed at that. Of course they do!

This is a great story about a determined young lady with a supportive family. I love it. She will do well in life.

Thanks for sharing.

Jan 19, 2020 06:57 AM #17
Rainmaker
616,221
John Marshall - FORE!
LoKation Real Estate - Cherry Hills Village, CO
Specializing in Golf Course Properties

This is such a great story, looking back over the years the best advice I could give any young adult, would be to buy a house before any other major purchases, it will reap rewards for a lifetime.

Feb 12, 2020 10:48 AM #18
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