Bob & Betty Wannabuy are ready to move. They like their community but would like to have more space and privacy. When we first met with Bob & Betty, they had already looked at several homes and lost the #1 on their list to another buyer.
Fortunately, we were able to introduce them to a charming fixer upper with a lot of potential. They are in love. The fixer upper is bank owned and hasn't been on the market for too long. Bob had the home inspected for termites already. We wrote up the contract, made all neccessary disclosures and were ready to deliver the escrow check to the title company. Because the home is bank owned, Bob & Betty Wannabuy are required to submit proof of funds with their offer. "This is not a problem", says Bob. They are cash buyers. Bob & Betty own a business in town and the funds had to be drawn from different accounts into a single account in order for them to receive a letter from their bank.
Being good agents, we keep in close contact with Bob & Betty. When we called them last week, they told us all they have to do is pick up the letter from the bank. When we called today, they told us they were just too darn busy to even think about that letter.
Whatever their motivation might be, they might once again lose their dream home to yet another buyer that didn't wait around to make an offer on a great deal!
Greetings,
Andrea Mills, who is ready to write up contracts and deliver escrow checks 7 days a week.
www.millsrealestate.net
