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The Closing that Almost Wasn't with SelectAnn

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Real Estate Agent with Berkshire Hathaway HomeServices Select Properties-St. Louis Missouri 314-775-2050 MO Salesperson#2004006871

The Closing that Almost Wasn't with SelectAnn

My story begins with a referral from a fellow Realtor in my office.  She gave me the name of the attorney handling a probate transaction.  These were a couple of unimproved lots in a subdivision in unincorporated Franklin County, MO.  I told her thank you!  And proceeded to search for the properties.  

I was successful at finding the lots.  And the good news was there are many newer homes on the street.  I called the attorney and discussed the lots.  He gave me the clients phone number and I contacted them as well.  Long story short, I listed the lots and tried to dig up as much information about the them as I could.  When I contacted the trustee for the subdivision, I was told these were un-joined lots-in the subdivision but no access to amenities but no assessments.  This was good news for my clients.  The lots had been sitting for a long time.

Lots with SelectAnn

Fast forward to having a contract, the buyer's agent said his client could close in a week with cash.  I swiftly commented that would not be possible due to the situation and all of the documents needed.  He was still thinking his title company would be able to navigate this situation quickly.  As it turns out, they ended up being the biggest full stop in the whole transaction.  From documents needing signed to the eventual use of a mobile notary for all 15 heirs, this was turning into the closing that just would not happen!  Two of the heirs were on holiday in Europe without a car.  This was quite the issue.

I often say to clients, if I had control of everything, we would complete items quickly.  So I called all of the heirs- leaving messages for most.  Every one of them called me back promptly-something the mobile notaries were unsuccessful at doing.  I was pleased that every heir was onboard with signing what needed to be signed.  All asked smart questions and were cautious as I would have been.

My main contact was a very sweet lady.  She was quite helpful and understanding.  Every heir lived in a different state creating more issues and costs with the notaries.  Needless to say, she was elated when I finally was able to call her and give the news that we had officially closed and funded! 

The heart of this transaction was the tenacity of everyone involved to stick with the process to move us to closing.  I will never forget this one.  It was over 2 months to get to the closing table with so many bumps in the process, but we prevailed!  

I am so happy for this family to finally have closure on something that was 20 years in the making.  

AR Challenge Post August 2025 Carol Williams and Ralph Gorgoglione

This is my entry in August 2025 AR Challenge: The Transaction That Touched Your Heart hosted by Carol Williams and Ralph Gorgoglione.

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All rights reserved and may not be reproduced or reprinted without express written permission of Ann Hayden, real estate agent with Berkshire Hathaway HomeServices Select Properties Chesterfield, Ballwin, Wildwood Town and Country Office. 

Information deemed reliable but not guaranteed,  All photos are the property of Select Ann Real Estate.

Posted by

Ann Hayden Real Estate Agent St. Louis Missouri

Call or Text:  636-399-7544

with

Berkshire Hathaway HomeServices Select Properties

12851 Manchester Rd, Suite 100

St. Louis, MO 63131

314-775-2050

For All Your real estate needs:  www.SelectAnn.com

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© Ann Hayden, 2008-2026.

All photos and content are the property of Select Ann Real Estate LLC.

Views expressed are not the opinion of Berkshire Hathaway HomeServices Select Properties.

Comments(7)

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Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Ann - 15 Heirs!  Yikes (is it possible to put that exclamation in more exponential terms).  Tenacity, indeed.  

Aug 31, 2025 06:47 AM
Ann Hayden 636-399-7544

Michael Jacobs ,

I had to chuckle at your comment.  15 heirs is not my record number!

Thank you for stopping by!

 

Sep 01, 2025 06:06 AM
Carol Williams
Although I'm retired, I enjoy sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Author, Golfer, Traveler, Retired, Wenatchee, WA

Hi Ann,
Oh My! This is a prime example of perseverance, patience. Coordinating 15 heirs across multiple states and even continents takes incredible dedication. I’m sure that family will never forget how you helped bring long-overdue closure. 

Aug 31, 2025 07:25 AM
Ann Hayden 636-399-7544

Carol Williams ,

I think they appreciated my push to get us to closing.

Hopefully, they don't forget me.  :-)

 

Sep 01, 2025 06:07 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Ann and you got it done and what a great story to share with us in the Rain.  Have a great Sunday.

 

Aug 31, 2025 07:48 AM
Ann Hayden 636-399-7544

Will Hamm ,

Thank you for stopping by to read it!

Happy Labor Day!

Sep 01, 2025 11:39 AM
Adam Feinberg
Howard Hanna Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

15 Heirs!!! That is crazy. That sounds like a tremendous amount of work. I hope it was worth it for everyone involved. My most difficult closing took around 9 months or so. I represented the buyers. I am friendly with the seller's agent- and while we have a solid relationship- I knew she was misrepresenting the sale (to the benefit of my clients). She was marketing the apartment as a Classic 6- and clearly she didn't know what that meant. I knew it as a Classic 7 - meaning a pre-war luxury apartment with 7 rooms (which is obviously better than 6 rooms). I later confirmed that she didn't understand what a Classic X represented). Anyway- her sellers were getting divorced and things got ugly between them. Use of attorney's is standard practice here- but the seller's used a divorce attorney that really didn't understand co-op sales well, creating insane unnecessary delays. Normally you would use a Real Estate Transactional Attorney. The soon to be ex-husband created chaos- and stopped paying all his bills including child support. Long story short- we finally get to the closing table about 9 months after the contract was signed- and there is about 40 liens on the apartment and hour before the closing- mostly due to the husbands actions since entering contract. I don't know how our attorney pulled it off with the title people, and getting all those leans removed- but only an hour longer than a normal closing- my clients owned their first home- and for below market value. For them it was worth the wait. I toured the renovations they made the next year- and OMG- the roughly $100k they put into it plus the below market deal- put them equity positive around $250k- despite buying at the top of the market. 

Aug 31, 2025 10:44 AM
Ann Hayden 636-399-7544

Adam Feinberg ,

That sounds like a tough transaction.  Happy it worked out for you and your clients!

Ann

Sep 01, 2025 11:40 AM
Adam Feinberg

Ann Hayden 636-399-7544 I probably walked away below minimum wage on that deal with the extraordinary amount of time I had to put in- but the clients were thrilled. This was an income restricted property (my clients wouldn't have qualified but the wife took time off to raise the kids, and the husband had just started his own financial advisory practice- so their income in the short term was reduced enough to qualify)- But I have had these types of crazy issues with the a lot of the boards in these income restricted buildings. I no longer work with these types of buildings anymore because of the boards. This apartment was around $550K- and it's not about the buyers budgets (though that is slightly below my threshold where it really makes sense for me)- but it makes more sense to work with a buyer in a market rate building for a 1 bed, rather than an income restricted 7 room apartment for the same budget because you don't usually have such extreme behavior by the co-op boards. 

Sep 01, 2025 02:26 PM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Ann Hayden 636-399-7544 this goes to show what can be accomplished when everyone works together.

Aug 31, 2025 11:41 AM
Ann Hayden 636-399-7544

George Souto ,

Thank you!  It was an accomplishment!

Sep 01, 2025 11:40 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Good morning, Ann... I just can't wrap my mind around 15 heirs. Congratulations to you on your tenacity to bring this sale to the finish line. 

Sep 01, 2025 04:42 AM
Ann Hayden 636-399-7544

Nina Hollander, Broker ,

Yes, 15 heirs.  I do like that niche though.

Thank you for stopping by,

Ann

Sep 01, 2025 11:41 AM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

15 heirs! Wow, imagine if just one of them did NOT want to sell (which is what I would have expected). Great job getting this one done!

Sep 01, 2025 05:41 AM
Ann Hayden 636-399-7544

Kat Palmiotti ,

I think they were all happy to have this behind them!

Thank you,

Ann

Sep 01, 2025 11:42 AM