MIRACLE ON SAN JOSE BLVD

By
Real Estate Agent with Coldwell Banker Vanguard Realty

MIRACLE ON SAN JOSE BLVD 

After four contracts - two not accepted, and one short sale that had more twists and turns than the Perfect Storm, today we closed on Contract #4 with a darling first time homebuyer couple.

I just have to say that it took a team to bring this one together and I want to give a shout out to Tom Reber at Wells Fargo, his Assistant Priscilla Demasi, and the Processing, Underwriting and HUD people, whose names I will not publish because I do not have permission.

I also want to thank the Sellers who endured an uncomfortable ride as the first contract period expired and they agreed to extend the closing date to today. They had other options for sure, but they hung in there with us.

I also extend a heartfelt thanks to my fellow real estate agent, the listing agent, Mike Collins of Keller Williams, who went above and beyond what he had signed on for in order to bring this one to the table.

Most of all, I want to thank the Buyers who hung in there with us, not really understanding why it was taking so long and why they weren't being given 100% guarantees of the outcome. These Buyers endured the short sale from h-e-double hockey sticks and stayed true to us and to their goal of buying a house. Lesser Buyers would have fled from the very idea of homeownership.

The 'problem' with our team is that we just don't know how to give up. We stay the course until we have exhausted every angle or won. Today we won.

I won't give details, but I will say that we had some unusual extenuating circumstances, and that all along the way the team had to give and be creative in their options.

The road to the Miracle on San Jose Blvd this afternoon was rocky and halting, but we made it! I daresay that some Divine intervention was at play as well.

Handing the keys to them was one of the sweetest moments in my real estate career.

Posted by

 

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About the Author: Sharon Alters works with her husband, Frank. They are in the top 5% real estate agents for production in the Jacksonville Florida area, specializing in Military and Corporate Relocation in the Fleming Island, Orange Park, St. Johns, St. Augustine and Beaches areas. Their local knowledge can help Relocating Buyers find the perfect lifestyle, whether it is a Castle on the Ocean, or a Cottage in the Country. 

Call/text 904-673-2308 or sharon@teamalters.com

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  1. Lenn Harley 07/08/2012 03:11 AM
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Rainmaker
868,410
Joe Petrowsky
Your Mortgage Consultant for Life
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709

Congratulations, it is great when a sale finally comes together. Too bad it took three misses before you hit it out of the park.

July 07, 2012 02:49 AM
Rainmaker
967,331
Gary L. Waters, Broker Owner Waters Realty of Brevard, LLC
Personal Service, always.
Waters Realty of Brevard, LLC

Congratulations. Your case here demonstrates what is all so common with a successful short sale - it is a team effort with many contributors with much patience by all!

July 07, 2012 03:44 AM
Ambassador
924,534
Amanda and Jared Christiansen, YOUR Fort Wayne Realtors
Century 21 Bradley.
Century 21 Bradley (260)704-0843

Congratulations on a great triumph!  Every once in a while a tough deal is a welcome thing, and very rewarding.  Sounds like a job well done.  

July 07, 2012 04:24 AM
Rainmaker
773,991
Mike Cooper
Your Winchester, VA Real Estate Pro
Winchester Real Estate Sales, Cornerstone Business Group Inc

Good job, F & S.  Short sales are not for the faint of heart.  You really have to be tough, and/or really want the house to get through some of them.  Bravo!

July 07, 2012 04:55 AM
Rainmaker
313,069
Frank Laisch
"The Insurance Guy"
Stewart Title Company

Congrats on getting the deal done. Sometimes those harder deals are the ones that are more rewarding

July 07, 2012 04:58 AM
Rainmaker
572,328
Phil Leng
Phil Leng Team - Residential Real Estate Experts &
Keller Williams Eastside Market Center

Hi Frank and Sharon,

Congratulations on the close of a short sale.

Soon this era will be over, and new agents will be asking, "What is a short sale?"

Phil

July 07, 2012 05:06 AM
Rainmaker
1,203,314
Richie Alan Naggar Author PEARLS SERIES of books
on LIFE and LOVE plus Real Estate too!
People first then business! Ran Right Realty Riverside, Ca

I love these professional team scoring stories....Real Estate when on the move continues to reward

July 07, 2012 06:24 AM
Rainmaker
891,596
Michael Setunsky
Your Commercial Real Estate Link to Northern VA
Michael's Commercial LLC

Frank and Sharon, congratulations on the closing. Every closing seems to be a challenge and requires a team effort to get them to the closing table. Congratulations to you and to your buyers for sticking it out.

July 07, 2012 06:38 AM
Rainmaker
495,144
Chris and Dick Dovorany
Broker/Associate at Premiere Plus Realty
Homes for Sale in Naples, Bonita Springs and Estero, Florida

We have for the most part stayed away from the short sale industry just because of what you had to endure.  Cudos to everyone who understood that you MUST hang in their if you want the outcome to be in your favor.

July 07, 2012 06:57 AM
Ambassador
1,440,489
Karen Kruschka
- "My Experience Isn't Expensive - It's PRICELESS"
RE/MAX Real Estate Connections

Sharon  Congratulations.  The very fact this couple "hung in" there with you attests to your professionalism.  Buyers and sellers who seek your representation are well served

July 07, 2012 08:44 AM
Rainer
38,433
Jennifer Grace
Jennifer Grace

Fabulous!  Having buyers who stick in there and are committed to buying the house is so important.  Your communications with the buyer's agent must have been consistent.  Of course, your team, who had to deal with the short selling lender most likely almost daily, deserves a HUGE pat on the back.

CONGRATULATIONS!

July 07, 2012 01:18 PM
Rainmaker
315,140
Dave Halpern
Louisville Short Sale Expert
Keller Williams Realty Louisville East (502) 664-7827

Short sales are 95% persistence. Delete surrender from your vocabulary.

July 07, 2012 03:49 PM
Rainmaker
973,701
Sharon Alters
Your Fleming Island Relocation Agents.
Coldwell Banker Vanguard Realty

Thanks for your comments, everyone! I have visited your blogs to comment on your posts. This is definitely one for my real estate book!

August 18, 2012 04:51 PM
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Rainmaker
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Sharon Alters

Your Fleming Island Relocation Agents.
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