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Liz Loadholt Realtor--Broker-in-charge - Trainer--Relocation Director Covering SC

Is It a Contract?


The AgentOwned Realty Company - short sale* There is a ratified contract on a "short sale" dated 9/9/2009. This is a new construction home.

* Seller's lender approved the short sale contract 9/29/09.

* Closing date was Oct. 22, 2009 with a 10 consecutive days extension clause.
The AgentOwned Realty Company - home inspector

* Contract called for home inspection by Oct. 8, 2009.


* Inspection could not be done because the house was not finished.

* Buyer obtaining an FHA loan & FHA final inspection could not be done on time because house was not finished.

The AgentOwned Realty Company - unfinished house* The closing date was not met because the house was not finished.

* Buyer did not like the "cheap" appliances provided by the builder, so she chose to put her own appliances in the house ---they were put in before the HUD inspection.

* Buyer had paid for the appliances -- dishwasher, micro-wave, stove, and refrigerator and they were placed in the house.

* The builder was taking so long to get everything done that the buyer decided that she didn't want the house anymore.

* On Nov 9, 2009, even though the contract closing date had passed, she still sent a release of contract.
The AgentOwned Realty Company - builder

* This release was responded to by a letter from the builder
threatening to sue the buyer.

* After much discussion with agent and Broker, buyer decided to go ahead with the closing because builder said it could close on Monday, Nov. 16, 2009.

* On Saturday, Nov. 14, 2009,
buyer's agent went to the home
The AgentOwned Realty Company - police car

to meet a home inspector -- the HUD inspection had been completed on Thursday, Nov. 12, 2009 -- when the buyer's agent showed up, there were policemen everywhere and the builder was there. The home had been robbed of all the appliances.

* Remember who the appliances belong to? Yes, the buyer.

* Now, the buyer is freaking out and is refusing to close.

* No addendum was ever done to extend the closing date.

Does the buyer have a contract or not? What do you say?

Mama Liz's Signature

Liz Loadholt
Broker, SC Certified Trainer, Relocation Director
Co-founder of AgentOwned Realty
Liz@AgentOwned.com
843-725-5007

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The AgentOwned Realty serves your real estate needs for:

Charleston, Johns Island, James Island, Mt. Pleasant,
Isle of Palms, Sullivan's Island, Daniel Island, North Charleston,
Summerville,Goose Creek, Moncks Corner, Santee, Manning, Sumter, Florence, & Myrtle Beach, all in South Carolina


Search Charleston Tri-County Search Santee, Manning & Sumter search Florence About us

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Copyright © 2009 By Liz Loadholt, All Rights Reserved. This post may be re-blogged only with a link back to this post.*Is It A Contract?*

Speechless Sunday

Rawvenel Bridge

Mama Liz's Signature

Liz Loadholt
Broker, SC Certified Trainer, Relocation Director
Co-founder of AgentOwned Realty
Liz@AgentOwned.com
843-725-5007

Twitter Button from twitbuttons.com


The AgentOwned Realty serves your real estate needs for:

Charleston, Johns Island, James Island, Mt. Pleasant,
Isle of Palms, Sullivan's Island, Daniel Island, North Charleston,
Summerville,Goose Creek, Moncks Corner, Santee, Manning, Sumter, Florence, & Myrtle Beach, all in South Carolina


Search Charleston Tri-County Search Santee, Manning & Sumter search Florence About us

young at heart logo AgentOwned logo support our troop friday logo

Own A Real Estate Company in South Carolina

To Own A Real Estate Company in South Carolina maybe one of the dreams of many South Carolinians.

Exactly how would one go about doing this? There is a web site -Own Your Real Estate Company that gives one some good information.

Basically,
1) one can start from scratch
2) one can buy an existing company
3) one can join AgentOwned Realty
4) one can purchase an AgentOwned Realty Franchise.


If one joins AgentOwned Realty as a sales associate (agent-owner), he/she will get the experience of owning her/his company without any of the liabilities of owning his/her company.
This is huge.

To Own a Real Estate Company in South Carolina maybe a lot easier than one thinks.

Mama Liz's Signature

Liz Loadholt
Broker, SC Certified Trainer, Relocation Director
Co-founder of AgentOwned Realty
Liz@AgentOwned.com
843-725-5007

Twitter Button from twitbuttons.com


The AgentOwned Realty serves your real estate needs for:

Charleston, Johns Island, James Island, Mt. Pleasant,
Isle of Palms, Sullivan's Island, Daniel Island, North Charleston,
Summerville,Goose Creek, Moncks Corner, Santee, Manning, Sumter, Florence, & Myrtle Beach, all in South Carolina


Search Charleston Tri-County Search Santee, Manning & Sumter search Florence About us

young at heart logo AgentOwned logo support our troop friday logo

Visit: OwnYourRealEstateCo.com

Copyright © 2009 By Liz Loadholt, All Rights Reserved. This post may be re-blogged only with a link back to this post.*Own Your Real Estate Company in South Carolina*

Speechless Sunday -- Southern Joggling Board

Eliza Valero

Mama Liz's Signature

Liz Loadholt
Broker, SC Certified Trainer, Relocation Director
Co-founder of AgentOwned Realty
Liz@AgentOwned.com
843-725-5007

Twitter Button from twitbuttons.com


The AgentOwned Realty serves your real estate needs for:

Charleston, Johns Island, James Island, Mt. Pleasant,
Isle of Palms, Sullivan's Island, Daniel Island, North Charleston,
Summerville,Goose Creek, Moncks Corner, Santee, Manning, Sumter, Florence, & Myrtle Beach, all in South Carolina


Search Charleston Tri-County Search Santee, Manning & Sumter search Florence About us

young at heart logo AgentOwned logo support our troop friday logo

Speechless Sunday

The AgentOwned Realty Company - Eliza with Tulip the dog

Mama Liz's Signature

Liz Loadholt
Broker, SC Certified Trainer, Relocation Director
Co-founder of AgentOwned Realty
Liz@AgentOwned.com
843-725-5007

Twitter Button from twitbuttons.com


The AgentOwned Realty serves your real estate needs for:

Charleston, Johns Island, James Island, Mt. Pleasant,
Isle of Palms, Sullivan's Island, Daniel Island, North Charleston,
Summerville,Goose Creek, Moncks Corner, Santee, Manning, Sumter, Florence, & Myrtle Beach, all in South Carolina


Search Charleston Tri-County Search Santee, Manning & Sumter search Florence About us

young at heart logo AgentOwned logo support our troop friday logo