Surprise, Surprise, Surprise! Sounds like Gomer Pyle right? NOT! Here it is a nice peaceful Friday Evening and I am quietly reading our local paper and what do I find, a Notice of Trustees Sale scheduled for September 19, 2008 on one of my listings. Did I know anything about it? Of course not, the sellers have never mentioned that they were in financial trouble or that they weren't making their payments on their home. Heck, I talked to them the day before yesterday and they sounded just fine. How are we supposed to know this stuff and what do you do about it now? The answer is NOTHING! If we had known about it a little sooner perhaps we might have been able to work with their lender to refinance or work out a short sale. Now, it is just too late unless we get an offer in the next day or two and it closes in two weeks. Is that very likely, no. The house has been on the market for almost a year now with no offers. It is priced well for the area but it is a little dated inside. Not what people are looking for these days. I am just ticked off. Here I have worked my little doggies off for almost a year trying to sell this house and never once in all that time have the sellers indicated they were having financial problems. They told me they wanted to move to Mexico and had property down there but not once in all this time have them mentioned that they were having difficulties. I called my Broker when I read it tonight and he had no enlightenment to offer. Have any of you run in to this situation? What did you do about it?
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