May 30th, 2011 categories: Broadwater
We keep commenting that short sales aren’t SHORT in time, just in money. We closed a home on Friday that has been under contract since November 1st – that’s almost seven months. The property went to contract at full price with backups, all in the first week on the market.
By the time we had bank approval this spring, the first buyers decided not to go through with the sale. So – the first backup was still in place and ready to close. Even then, there were more negotiations with the lenders.
Perseverance and persistence – this waterfront home in Broadwater is now SOLD.
Call Sharon Simms at The Simms Team, ALVA International, Inc. for more information on this and other waterfront homes.