New Construction Transactions - will they close on time?

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

One of my REALTOR colleagues attended a family funeral out of state and asked me to do her drywall walk with her clients.   The wife's father attended, as he is a building inspector for Aurora, and VERY knowledgeable.

 

During the walk-through, he and the superintendent were talking about how the inspections will be handled, as already one of our building departments (Adams county) has already shut down as they had an employee that tested positive.    Douglas County is expecting the same in the near future.    This superintendent was told, get all the subs in and get the work done QUICK.

 

Our Governor has asked us all to stay home as much as possible during the next couple of weeks, in hopes of stopping the transmission of this disease.  We have seen one death, and many have tested positive.    How many have passed from the flu?   We are not hearing about that....

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Tags:
new construction transactions

Spam prevention
Show All Comments
Rainmaker
5,764,554
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Many municipal departments have reduced their services and many employees are now working from home rather than in the field or office.

Mar 14, 2020 10:53 AM #1
Rainmaker
4,313,401
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We are seeing this also Roy Kelley except inspectors do need to get to the sites.

Mar 14, 2020 11:00 AM #2
Ambassador
3,248,353
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Those county shutdowns are going to kill our industry I fear...

Make it a great Saturday Joan Cox 

Mar 14, 2020 11:11 AM #3
Rainmaker
188,057
Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

I have a client that just closed on a house with a rent back situation to a seller getting a new house built.  I will have to follow up to see if we are going to be affected by a cutback by inspectors.  

Mar 14, 2020 11:21 AM #4
Rainmaker
3,440,537
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Joan Cox yet another thing to worry about... all of this is like a domino effect... one domino falls and rest falls right after it.

Mar 14, 2020 01:36 PM #5
Rainmaker
4,313,401
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Paul, our government is hoping a two-week shutdown should cut down the spread, and then hopefully we can move forward.

Mar 14, 2020 02:30 PM #6
Rainmaker
4,313,401
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Raymond, I don't personally have any new construction set for closing, but have many REALTOR friends who do.  It is worth checking into.

Mar 14, 2020 02:31 PM #7
Rainmaker
4,313,401
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, I believe you are so correct.

Mar 14, 2020 02:31 PM #8
Rainmaker
377,218
Brenda J. Andrew
ULTIMA REAL ESTATE - Corpus Christi, TX
Professional Realtor in Corpus Christi, TX

Hi Joan, This is the same question I have been asking for the past few weeks.  Hopefully all of this is going to blow over and we are all going to get back to our lives.  I am not sure if anyone has tested positive here but the stores & shelves are empty.  

Mar 14, 2020 02:46 PM #9
Rainmaker
3,616,127
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Joan - although I have participated in new construction prior to real estate, my experience in our area is geared towards properties that are more likely to be over one hundred years old rather than new builds overall. 

Delays for all reasons seem to be a part of the "schedule". Estimates change and I imagine the seasons have an influence in the Denver area far more than we might see here.  

Mar 14, 2020 03:51 PM #10
Rainmaker
2,875,004
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

If all of this virus stuff would be over in two weeks' time, that would certainly be a wonderful thing.  It is crazy how the world seems to be shutting down.

Mar 15, 2020 07:29 AM #11
Rainmaker
4,313,401
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Brenda, we have seen one death, and a few positives, shelves are empty, grocery stores have now limited hours open to have enough time to restock.  Our ski areas are now closed.

Mar 15, 2020 08:16 AM #12
Rainmaker
4,313,401
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, I can see that,

Mar 15, 2020 08:17 AM #13
Rainmaker
4,313,401
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Brian, I so agree, hope two weeks does it, and is no longer the only topic.

Mar 15, 2020 08:17 AM #14
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
4,313,401

Joan Cox

Denver Real Estate - Selling One Home at a Time
How can I help you with your Metro Denver Real Estate needs?
*
*
*
*
Spam prevention