Good News Friday! A Relocating Family Who Called Me Last Month After Reading One of My Blog Posts Went to Settlement Today!

It was a little over a month ago that I answered the phone and the caller said "Peggy, we are relocating from the Norfolk Virginia area and we would like to buy a home. Can you help us?" My response....it will be my pleasure to assist you. What are you hoping to find.

Daniel explain, well we need a single family home with plenty of parking, four to five bedrooms with a big flat yard. The only thing is we are only pre-approved up to $300,000! Read my previous blog post

The result of that call was this couple wrote a contract on September 9th, 2011. After some strong negotiations, the contract was rafified in a few days. This happened because the home they choose was was a healthy sale. A healthy sale is a Regular Owner home, that means the homeowner is not in distress, the home is not being sold by short sale or in a distress situation what so ever. That's important for you to know,if you are thinking of buying a home and you don't have much flexibility in your schedule. With a regular owner sale, we can forecast your time-line. With a short sale of foreclosure purchase a buyer must remain totally flexible. You will not be able to lock your rate, schedule you move, give notice to your landlord. So a regular owner purchase or a new home is the best way to ensure you will be moving in when you need to. Call me if you have questions, I can help you.

Back to my story....today was settlement day!

" Why the smiles? Well these relocating VA Buyers just learned how powerful that VA Eligibility is, the closer just told them they were getting the entire $1000 contract deposit back!"

Success!

So in less than forty five days, we house hunted,ratified a contract with the seller of the home below, completed all the inspections and waited for the VA Appraisal and final loan approval and today, they received the keys! What makes this story even better is this couple was used to paying $1900.00 a month for rent. Now they own a home for a total payment of $1868.00 am month!