Friday Diary of a Charlotte Realtor® - 16MAR18
Our business is so unpredictable - just when you wonder, "Am I feeling a bit of a slow-down?" the phone starts ringing! I had that experience on Sunday, knowing I had one new listing coming this week but, for the most part, we're wrapping up inspections and Closings that are in Escrow the will be through by the end of the month. Suddenly, 4 new inquiries - 3 listings and a referral buyer - boom, out of the blue! I will say I'm keeping my photographer hopping, that's for sure!
Working with one of my favorite clients ever, we finally got her transaction Closed this week - and boy was it ever a doozie! I am not quite sure how Sally K. & David L. Hanson work with so many divorcing/divorced couples but, my hats are off to them! My client, with whom I have worked before, is one of those amazing women who can get 1,000 things done before you've blinked an eye. When she says she's ready to list her house, she IS READY!
The ex-husband had placed a FSBO sign in the yard with his number (the house is in her name only [part of the settlement]) and after photos, I exchanged the FSBO sign with mine! I had a little time for pre-marketing and lo & behold, the floodgates opened day-1 on the market. Several people had requested a delay in the seller selecting an Offer and with many fantastic Offers before we could blink our eyes, we re-evaluated comps and recognized that a non-appraisal contingent Offer would be best as we priced at the VERY top of the market...okay, perhaps a bit over (against my advice)!
We quickly went under Contract and had one heck of a time getting through Due Diligence. We were one week late Closing due to buyer issues, then attorney issues then, the day of Closing, the power went out at the attorney's office, so we had to re-group again! We were all beginning to wonder if these road blocks were a sign and the seller and I did a LOT of praying, believe me!
We got through it with all relationships intact (agent-to-agent and client-to-client) - thank GOODNESS!
Two fantastic inspections this week and a rare, rare, rare positive radon test slowed us down on one Closing. The re-test is pending but, the seller, thankfully, feel strongly that if the second one is positive, remediation MUST be done. We've already spoken with the remediation company and a good amount of time this week was spent 'teaching' all parties about radon. I will write a separate post about this but, one thing that I did not realize is that rain can impace radon results by 0.2 pCi/L - who knew?
Another time-suck this week was regarding a condo complex that is located over commercial space (not owned or managed by the condo association). This complex has been deemed as non-warrantable and finding lenders who don't charge an arm & a leg to fund non-warrantable properties is not as easy as one would think.
Sadly, despite the fact that the association doesn't manage the commercial space (approximately 40% of the total building area), Fannie Mae & Freddie Mac don't care - the condos still sit atop commercial space and that is something neither of them will touch. More teaching moments this week that is still an open topic and hopefully we'll get through this one!
We are not alone in this as another buyer has run into the same obstacle so, we've partnered up and are working on this together. You've got to love your peers who work together to achieve a common goal!
The much anticipated MRI results came back positive for a rotator cuff tear for Ray's dominant arm. It's been a week of physician appointments and we'll continue through Tuesday of next week. Sadly, for him, a torn rotator cuff is fairly devastating - remember his arms are also his legs and everything he does, is done with his arms. You can't push a wheelchair with only one arm...well, that is, if you want to go anywhere besides in a circle! The pain has subsided and we think he's going to do everything he can to keep being able to use his arm without having surgery. We are hopeful for good news on Monday from the orthopod. Say a little prayer for him - he needs divine intervention, for sure!
The garage cleaning has not come along as quickly as I had hoped - just a few distractions these last two weeks! During the week, we loaded up Ray's van with items to donate and dropped them off on our way to Charlotte Neuro and to the hospital for his MRI. So, we're chipping away at it, little by little! Tomorrow, I've recruited my son to help in the afternoon after an appointment I have. I'm hopeful that we can make a big dent in it tomorrow!
*The contractor who is putting the new flooring in the garage popped by this week with a sample of the flooring that we'll be having installed. We knew we wanted Duke/Panther blue and wanted a custom color on the floor. We're pleased with the sample they made and having him stop by motivated me even more to get through with the sorting in the garage!
Let's get motivated!
I hope you all have a wonderful week ahead!
© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | Friday Diary of a Charlotte Realtor® - 16MAR18