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I had an interesting phone call this morning that got me thinking. It was from a buyer in the United Kingdom who I had been working with last year to try to find a home in Legacy Park Davenport, Florida. He was a strong buyer who was going to be buying a home with cash.
I was glad to be working with him at the time because he was the kind of guy that understood what the market was doing and he was open to my advice because he knew I had his best interests at heart. But a few weeks into our home search he called me to let me know that his situation had now changed drastically and he would no longer be able to purchase a home.
I didn’t ask him why at the time because he sounded disheartened. But I did ask if I could continue to send him a link to a blog article every now and then just to keep in touch and he said that was ok. So I did just that. We kept in touch for the last year over email and every now and then on Facebook.
The phone call today was to tell me that now he is ready and able to move forward with purchasing a home and to thank me for keeping in touch. Things happen to all of us in life that we can’t control. But we can control our reaction. He was honest and up front with me from the start and I was up front and honest with him.
When he was ready to buy a house he came back ready to go. This is just a little lesson about not burning your bridge, your buyer might need to cross that bridge to come back to you later.
Image courtesy of acrylicartist at Flickr
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Read The Full Article at: www.ThePinkFlamingo.info
"Hi Comcast? This is the The Villages at Legacy Park HOA and um, we just wanted to know why you shut off the cable to the entire community?"
How would you like to owe your cable company $105,305? That's how much the Legacy Park Town homes Homeowners Association owed to Comcast for an unpaid cable bill before they filed chapter 11 on June 16. Back in the boom the developers had to use whatever advantage they could to try and compete with other communities selling short term rental properties in the Davenport area and including cable as part of the HOA seemed like a good sales pitch at the time. Fast forward to the dreary days of the foreclosure epidemic and now what we have is alot of people with no cable and a broke HOA. Read Full Article Here
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I never thought I would be sitting here on a Sunday evening writing a post about toilet water but I am and for good reason so please don't stop here.
I recently sold a house in Legacy Park in Davenport (that was an absolute deal). As a closing gift to my clients I had the home cleaned for them prior to their move in (houses can get pretty funky when they sit for too long). When the cleaning service was cleaning the toilet they noticed something very odd about the water, they noticed that the water was very warm, we're talking bath water warm. They thought it was unusual for a toilet to be heated so they told me about it.
My first thought was. . . "What the heck?" and I pretty much spent about five minutes after that trying to figure out why someone would need heated toilet water. . . I still can't come up with any reasons (well at least normal ones).
The significance of this is that the plumbing in that toilet is somehow connected to the hot water heater and is using a large amount of energy to heat that toilet. There is no hot or cold button on a toilet to conserve hot water so it's just always sucking up electricity when the water heater is on. You can imagine what that will do to an energy bill.
After consulting a plumbing company about this I was told that this "glitch" could end up being a situation where in order to fix it the entire plumbing system in the bathroom would have to be re-routed or whatever they do. This could cost thousands. It could also be a quick and simple fix but there is no way to tell until it's looked at.
None of us, including the home inspector, thought to stick our hands inside the toilet to "test the waters" however if that was done and we knew about this before the closing we probably could have negotiated a credit because of this problem.
So I stand here today telling all of you to stick your hands in toilet water when buying your next home (or pay somebody to do it for you). This two second act could save you thousands and possibly even give you a nasty disease but at least you're saving money on your home purchase.
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