So I had a contract signed, great price for my seller and a quick close....Great Job right? Not really!!! This was in January and a couple days after opening escrow a water heater leaked (property was vacant) on the 2 units directly below my sellers. Now what to do? File an insurance claim, send in paperwork, wait, get a few quotes from contractors, wait, wait, check with condo association make sure things are moving forward, wait, wait and more waiting, uncooperative owners in units that were damaged....so I think you get the point.
We have a signed contract but because of circumstance we can not close escrow and by now the buyers have canceled a couple weeks ago.
Today I got an offer 10% lower then our last offer, and construction has still not begun. Sometimes just because you have a signed contract, and a ready willing and able buyer and seller. It doesn't mean you have a done deal.....
A LEARNING EXPERIENCE.....
Realtor (RA) & CDPE on Oahu who specializes in residential real estate. I can help you with everything from a luxury estate to short sales and foreclosures. The time is NOW...contact me today.
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