Archive for June, 2009
Short Sale 1-Year Wait Turned into $100,000 Gain for the Buyer!
June 26th, 2009 categories: Short sales
The expression “good things happen to people who wait” resonates deeply with my client who had to wait for one year to finalize a short sale on the house that I helped him buy.
Therefore, when one of my friends who also works together with my husband as an engineer, told me that he wanted to buy a house in spring of 2008, I told him: “You need to wait one more year, as our market is in fast decline, and I want you to get the best house for your money.”
He really appreciated my honesty, but wanted to start looking anyway. We made numerous offers on short sales, until we came across a beautiful 4-bedroom home in the Empire Ranch area in Folsom that he absolutely fell in love with.
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