I just finished a conversation with a client. Heis setting an appointment with an attorney to file for bankruptcy.
We've had his home on the market for a year. A few weeks ago, we negotiated a sale contract .. he was to bring a couple of thousand to closing, but at last the burden of this mortgage was off his shoulders. HOWEVER, the closing agency found a large lien against the property. Turns out that the seller had co-signed a car loan for his daughter -- and she hadn't paid the note for over a year.
Apparently it was a judgment passed through the courts so the lien is on all he owns. So, he's tried to get a payment plan worked out if they would lift the lein on this property --- he needs to sell it so he has the money to pay them back. They (the attorney for the bank) says NO - you weren't cooperative earlier so we won't be now. So, in desperation he is seeking bankruptcy.
Of course, the deal is dead - buyers don't want to wait around to see what happens -- can you blame them?
Ironically, if he does file bankruptcy, in this market his property will sell for just about the amount of the first mortgage -- and the lein holder will get NOTHING.
What a lose-lose situation. Unfortunately the closing agency is telling me scenarios like this are more and more common. Is it the economy or unfortunate choices made by all concerned?
Sissy Thomas
Realtor/Co-owner
Keller Williams
Mother Nature has been quite busy this year, she's tried to freeze us, flood us and now cook us.
In May, when it rained for 3 days and flooded our area we thought it a good thing if it didn't rain again for a good long while. After experiencing weeks of high 90's and 100+ temps the rain is most WELCOME! We've had an inch and a half of rain in the last 18 hours. And the temperture is a lovely 73 degrees.
While the heat may return for a few more weeks, the break is most welcome. Thanks for the teaser, "Mom".
I like to hold open houses. One of my own homes sold as a result of an open house visit ... and the very first home I sold was from an open house.
It was a fall Sunday and I was a new agent and holding an open house at another agent's listing. A good number of people came through and one couple stayed for an hour (but they had an agent already). One lady came by and virtually "ran" through the house. She didn't stay long. I assumed no interest on her part. My report to the listing agent was I thought she would hear from the agent who represented the couple who stayed for an hour or more. Fast forward to Tuesday Morning. The lady who ran through called me. I teased her and said "you're calling to place an offer on the house" and when she said yes, I almost fell out of my chair. Anyway, she bought the house and I've been a fan of open houses since then.
HOWEVER, along the way I've learned a few things about when NOT to hold an open house:
Does this ring true with many of you?
Sellers are anxious. Times are difficult and that's why it's even more important that the professional courtesy of providing feedback it honored.
So why don't some of us provide feedback after showing another realtor's listing? Is it arrogance .... you just can't be bothered? Is is laziness? How about the "I'm too busy" excuse? Whatever the reason, it's just plain rude!
Think a minute. Isn't is a good thing to keep positive relations with fellow realtors? Providing feedback enhances relationships. Perhaps even more important the seller knows who you are ..... you think they might put you on their "do not call list" for future reference after experiencing your snub?
What comes around goes around so make it a habit to provide feedback.
Sissy Thomas
Nope, it's not the 4g version -- I don't like being on the bleeding edge of technology. But my 3G Iphone is awesome! While showing property, I used it last night to look up a listing, tax records and request a showing for the house across the street. Perhaps many of you are already doing this and more - but I'll wait and ease into technology more slowly - but I'm sure there is an APP for that too!
Love this phone
Sissy Thomas believes there is more to real estate than selling houses; instead real estate is caring about people and helping people solve problems. Integrity, professionalism and experience - Sissy
As a sixth-generation Middle Tennessean, Sissy certainly knows her way around the area. She grew up in Goodlettsville (near Nashville) where, as a youth, she was active in her church, school and community. And, as the daughter of the local high school football coach (also an experience similar to that of a preacher's kid), participation in high school sports such as basketball, tennis and softball was almost a requirement!
After graduation from Goodlettsville High School, she earned a B. S. degree in Business from the University of Tennessee at Knoxville. It was at UT where she met her college sweetheart (and now long-time husband), Jim.
Sissy and Jim have lived in Goodlettsville for more than 30 years. Their adult daughter, Jamie, lives nearby. Peanut, the chihuahua ......right, and the basset hounds, Maggie and MIMI round out the Thomas family.
A Tennessee Titans and Tennessee Vols fan, her hobbies and interests also include computers and technology, golf, Quilting and photography.
Sissy's real estate clients benefit a great deal from her extensive business experience in marketing, sales and management. Her background helps her to relate well to all of her clients -- from the first time home buyer to the relocating executive -- they all feel comfortable and well cared for! And, by providing professional real estate services from her long-time home base of Goodlettsville her clients also benefit from her keen knowledge of the Middle Tennessee area as well as her business expertise.
Sissy's professional background is diverse. In every career position, she has served in leadership and management roles.
Her career began with a major regional telecommunications company where she ultimately directed a large sales organization of the company. Following that, she served as an IT & S executive responsible for day-to-day data system operations for a major international healthcare company, including negotiating many major IT corporate-wide contractual commitments for the company.
As a real estate professional Sissy stays on the go, but she still finds time to spend time with her family, friends, church and community! She is delighted to be active in her home community and finds it quite rewarding to help others find that perfect home or to successfully market a client's house!
A successful professional career, knowledge of the area and a caring attitude -- all very important aspects of what people expect in their real estate professional!
Relocation and Listing Agent
For friendly and courteous service in Residential Real Estate Sales for Nashville, Goodlettsville, Hendersonville, White House, Greenbrier, Gallatin, Madison, Hermitage, Mt. Juliet, Bellevue, Joelton, Springfield and other Middle Tennessee areas call Sisssy on 615-972-1671
Average Rating: 
Rated By: jfg - goodlettsville
Date: 7/3/2007 10:04:30 PM
Comments: Sissy is the BEST! She is helpful, patient, kind, and she has the expertise for the client in selling, and purchasing your next home. Very Organized and effecient.
Rating:
Rated By: jrc - goodlettsville
Date: 7/3/2007 9:14:50 AM Comments: As a retired executive with a 6 billion Dollar corp., I was required to move about a dozen times. Therefore I had a great deal of involvement and experience with Real estate agents, Sissy by far is the best and most professional I have dealt with. She is well prepared and provides plenty of imfo regarding the properties and areas you are searching. I would reccomend her without hesitation. Rating:
Rated By: aif - Greenbrier
Date: 4/11/2007 2:46:03 PM
Comments: Working with Sissy Thomas is great! With Sissy, I not only got a professional that knows the business in and out... I felt like I had a friend that was looking out for us through the whole process. She's a good mixture of business savvy and guardian angel. I would recommend her to anyone looking for a realtor... and I already have!
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Rated By: JKB - Goodlettsville
Date: 3/12/2007 2:16:28 PM
Comments: Wonderful experience!
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Rated By: - Hendersonville
Date: 3/12/2007 1:07:16 PM
Comments: Sissy worked tirelessly to get us to Tn from Fl. She always Sissy responded very quickly and helped us through the whole move. She worked well together with our realtor in Fl to do what was needed to get us "back home." I would recommend her in a heartbeat to anyone.
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Rated By: DBG - Greenbrier
Date: 3/6/2007 7:53:05 PM
Comments: Sissy is the most professional real estate person I have ever had the pleasure of working with, and I have worked with a bunch.
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Rated By: DW - Hendersonville
Date: 3/6/2007 5:30:01 PM
Comments: We were transfering from out of state to TN and found Ms. Sissy on the internet. She was/is the best. When we came into town, she had a portfolio made up of the listing we were to go see by cities. It was so impressive. In two days, we looked at 22 homes. We did manage to buy a home from Ms. Sissy. After we moved to Hendersonville, we also bought another home from Ms. Sissy. I can not say enough about the service she gave us. When it came time to move again, transferred out of TN, Ms. Sissy sold both of the homes we had purchased from her. Ms. Sissy gives you her undivided attention through out your most excited time, buying a home! She makes it so much easier on you. If you have a question, she has the answer and if not, she will get it for you. She is an awesome realtor to work with. Maybe someday we will have the pleasure to work with her again on finding us a home in TN!!!!
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Rated By: JJL - Goodlettsville
Date: 3/6/2007 11:12:29 AM
Comments: Sissy Thomas is a 5 star agent. She is the best real estate agent I have ever worked with.
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Rated By: EDD - Nashville
Date: 3/6/2007 10:54:00 AM
Comments: Sissy performed an excellent job with the purchase of my home. She made the process of buying a home less stressful. She provided me with the tools that I needed to sell and buy a home. She got the best value for my home, and she negotiated a satifiying purchase of my new home. I would recommend Sissy to anyone who is in the process of selling and/or purchasing a home.
Rating:
Rated By: lm - Goodlettsville
Date: 3/6/2007 10:45:30 AM
Comments: I would recommend Sissy to anyone. She goes above & beyond the call of duty and always has the client's best interests at heart. The best realtor I've ever had.
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