 Hooray! We're back in business. This three bedroom Stanford model on Briarwood Circle in Sun City is a favorite of mine - I like the floorplan and I like some of the amenities of this particular property. We put it on the market and in a couple of days, we had a buyer. Then we began the process to get approval from the short sale lender - and although sometimes that process takes months, this time it went quickly.
We notified the buyer's agent of the short sale approval, and the next day the buyer cancelled. Oh well.
Because this is a great location, a great floorplan and an altogether desirable house, it was only a matter of time before getting another offer. The challenge was that the seller had arranged for an estate sale - a great way to generate traffic, but not the best way to put a property's best foot forward, so to speak. (Okay - a property doesn't have a "foot" - except for "square feet" - but you get the idea.)
Anyway, our buyer found us so we're moving in the right direction again. We'll reopen escrow tomorrow, get the draft settlement statement and new offer submitted and see how quickly we can get a new approval from the seller's lender.
If this isn't a win-win, I've never seen one. Great property - one that will be appreciated by the buyers. Great price. And the seller can get on with her life. An altogether good thing.
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