This week all I could do was focus on one real estate transaction! It was a short sale that really required a total team effort.
The amazing thing we got just that!
While this short sale took 54 days to get approved, once we received approval it was closed and funded in 4 days! It was the longest week I had in a very long time but one of the best weeks ever! And if ever I learned a lesson about teamwork..it was this particular transaction!
For starters the lender dropped the ball...after all their approval time is twenty days and due to the supervisors wife having a baby the approval was delayed a full 7 days.
Can I tell you the lender's negotiator was the best around?
Once we had approval we were expected to have funds wired by the 8th even though we did not receive our approval until May 5th at 8:00 am! The amazing thing...we did it..we pulled it off and I cannot take all the credit! It was a total team effort...just like every short sale..not one party is more important than the other!
Everyone must work together!
The amazing Teresa Valdez who works for Re/Max All Pro stayed calm, patient and very understanding. We stayed in touch and she and her buyers were extremely patient, understanding and very gracious. I am impressed and very grateful! It always makes for a smooth transaction when all parties are on the same page!
First American Title in Port Orange Florida and the First American Title in Miami Lakes really jumped through hoops and thanks to their amazing system (which I admit I hated at first, this particular transaction I really saw the benefits) They are now centralized and while a closer is closing another transaction, we always had someone to turn to!
Thank you ladies..a job well done!
The seller..who jumped through hoops to get everything in order..distance did not stop us from getting this done! Oh did I tell you he reads my blogs and found me on Activerain?
Thank you Activerain...I need the business!
After I signed a few docs at the title company...I walked out with check in hand and a HUD..I felt relief...I felt emotion...as a matter of fact..I had a good cry.
It's finally over!
Did I tell you it was one of the longest weeks I had? Yes I did but I also said it was one of the best weeks I have had in a very long time!
On to the next one!
About The Author: Midori Miller is a Real Estate Trainer and writes and trains Real Estate Training and assists sellers in short sale situations. Midori is a Licensed Florida Real Estate Broker, License # BK645709 and a member of the Daytona Area Association of REALTORS. Contact midorimiller@yahoo.com or (386)453-3236.
