Geez this short sale deal is back and forth and the bank doesn’t even have it yet!

Posted on 03. Oct, 2009 by in Listed Properties, Real Estate Agents, Short Sale Investing

So I get a call from the seller saying they signed the agreement but they wanted to counter….fine. I had to CONFIRM tho that the wife signed it. She was there and the husband put her right on the phone. She said she initialed and signed everything and she understood everything. Ok cool.

Got the signed agreement and faxed it to the selling agent. Well the buyers didn’t like the new counter price so they backed out of the deal. I warned my sellers that could happen but they didn’t care. Don’t ya love how people never want to listen to the professional that they hire? That’s what makes being a real estate agent something that sooo doesn’t appeal to me and only comes 2nd out of missed investment deals…know what I mean?

Anyway, I told them the next time they get an agreement to try to sign it asap too so the buyers don’t get buyers remorse too. The husband said ok. (It took them a week to sign it practically….we were waiting on the wife.)

Fast forward to yesterday. I get a call from the selling agent and she told me the buyers called her and said they’d reconsider the house if the seller’s would sign off on the original price and then the buyers would entertain negotiating somewhat with the bank if the bank countered. Sooo I passed that info along to the sellers and after they thought about it they called me back and said ok.

Dropping the paperwork off today for the ORIGINAL offer price for the sellers. I’m hoping I get an signed agreement today from them.

On a super good front. Today is my first day of eating REAL food after an 8 day juice fast. I had 2 slivers of watermelon this morning and 1 egg (yolk only.) And it was amazing! Lunch and dinner are recipes from Emeri’s new show “Emeril Green.” That show rocks!

For you movie buffs….Kathy and I saw “The Invention of Lying” last night. It was cute and funny at times but it was longggg. It seriously could have been a 1/2 movie and I would have liked it much better. Kathy picked it (after I’ve been picking nothing but duds lately) and I look over at her and she was SLEEPING! lol

Ok off to Whole Foods to get some red snapper and lump crabmeat and some organic stuff for the 2 meals. Plus, we’re gonna either order an organic turkey for turkey day from there or from our local amish farmer (we know the farmers price, now we just need whole foods price.)

Have a great Saturday!

Flippin’ Carey

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2 Responses to “Geez this short sale deal is back and forth and the bank doesn’t even have it yet!”

  1. Nick@Subject2.com

    08. Jan, 2010

    Can you give me a little more insight? What is your role in this deal?

  2. Flippin' Carey

    09. Jan, 2010

    Sure Nick. At the time of that posting I was the listing agent. Initially, I tied the house up with an option contract, but I couldn’t get rid of it by the end of the option and instead of extending the option, the sellers chose to list the property with me.

    So again, I was the listing agent with the property at the time that post was written.

    Btw, the house ended up going to foreclosure in the end.

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