Phyllis’s Real Estate Questions

After over two months we finally received “approval” of the short sale.  Of course the price the bank wants is more than we offered. And in addition, the second trust deed holder wants more money than the first trust deed holder agreed to. Will it sort it?  We’ll have to see.

The Spanish Colonial Revival on Cordova fell out of escrow, the buyer simply changed their mind.  Unfortunately, it sometimes happens when the home sells quickly  in multiple offers.  I have a copy of the inspection report, which appears to be as clean as they get.

My Orange Grove listing:   Still waiting on loan approval; sometimes a home buyer will make a second loan application (double ap) when the first lender is slow.  Fortunately this buyer did submit a second application to Wells Fargo.  According to Wells, the loan is in underwriting and we should have approval by the end of the week.

I have a last minute opportunity to take a quick trip to Europe departing on Saturday.  Will I go?  Will George go without me? So much to think about, I have family in town, will I leave them?  I have to get Cordova back in escrow, will I leave Natalie with this task?  No wonder I woke up at 4:00 in the morning!

 

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