How to Blow the Sale of Your Short Sale Home!
Dear Seller,
I understand you just wanted to get rid of the home. One of your kids families had been living there and trashed the place. Your attitude was you will not put a dime into the house. I sympathize. However, you should understand a few things.
You signed a contract with the buyers to have the utilities on. In fact I checked with your listing agent the day before the inspections and he confirmed the utilities were on with you.
When we showed up to do the inspections they were off. Not only where they off they must have been off for sometime. When I opened the Fridge everyone fled the house and I almost vomited on the lawn. The smells came clear out to the street and it was hard to complete the inspections.
The house was a mess. I understand you did not want to bother to move the junk and the trash out. However, there were stacks of CD's and Records; some were very nice and no doubt worth a lot of money. Some of the furniture is still in good shape. Your grandkids toys and year books are still there. I saw some fishing gear in the garage.
But what do you care. I understand you might be angry with your kids and maybe that includes your grandkids. So how does it hurt you?
Well I will tell you.
My clients waffled on this deal after the inspections and decided to walk. Maybe if the utilities had been on some of there concerns could have been addressed. Also if the house had been trashed out – I am not even talking repairs or cleaning – it would have looked a little better and shaved some cost of the estimated rehab.
So you may be going to Foreclosure. Do you really want that on your credit? I know you have a home now and do not think you need to move? But what if something comes up in the next 7 years? What if you need your “Good Credit” this foreclosure is going to cost you.
Perhaps at some point in the future you will wish you cooperated just a little more.
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