Buying a Short Sale Property – Day 2

Nothing to really report today. The seller of the property my client is going after has been in and out of the doctor’s office all day long and was unable to meet with her agent and look at our offer. Time is of the essence, but life certainly can get in the way sometimes. Looking forward to getting the contract negotiated and accepted today.

Then comes the fun part of assembling short sale packages to be sent to both of this property’s lien holders. Two lenders = two times the fun.

See you tomorrow!

Buying a Short Sale Property – Day 1

If you were, at one time, a regular reader of this blog, you know that we’ve taken a bit of a hiatus over the past few months. Well, time to dust off the ol’ writing gloves and get back to work.

I figured, what better way to return to blogging than to write a daily chronicle of one of the more elusive processes in real estate: the short sale? In this series, we’ll follow the process from offer to close and see what really happens along the way.

And away we go…. Day 1 – July 27, 2010:

After much searching, we’ve found the perfect house. Just my buyer’s luck, it’s a short sale situation. It’s a great chance to snag a really good deal, but also a potential whirlwind of red-tape and headaches for both my buyer and me.

All fear aside on both our parts, we are going to weather the storm and get her a great house at a great price.

Details:

2:00 PM – We wrote an offer. Full price with seller paid title and 4% of purchase price towards closings costs, pre-paid expenses (taxes,escrow,homeowner’s insurance,etc.,) and discount points. 14 day inspection contingency, appraisal contingency, financial contingency. All the good stuff. We also attached short sale addenda with language that allows my client some ways out if something better comes along.

I’m all about protecting my clients and giving them plenty of
escape routes if things go south.  Make sure your agent does this too.

4:00 PM – The offer’s been sent out and we’re waiting to negotiate.

9:30 PM – The listing agent has contacted me to acknowledge receipt of the offer and will present it to her client in the morning. More to come tomorrow!

Why are We Different?

I’ve spent the past few weeks too busy doing business to write about it.

I do apologize for my absence and would like to say hello with a simple statement.

Why are We Different?

There are thousands of REALTORs in Nashville just itching to help you find a home or sell your current one.

Some are great, some not so much.
Some close 100 deals a year. Some don’t close any.
Some could sell a popsicle to an Eskimo. Some couldn’t negotiate their way out of a wet paper bag.

So why would YOU choose ME?

Because I’m an honest, trustworthy, and upstanding citizen?

No. Everyone’s “honest.” Everyone will tell you to trust them. Tell me the last time you met someone who incorporated the words ‘I’m a liar’ into his or her sales pitch. Of course I’m an honest guy and lying is not part of my moral code, but if all I have to offer is honesty and trustworthiness, you’re better off getting your Uncle Joe to represent you in the purchase of your home.

Here’s who I am and what my business stands for.

I come from a long background of customer and public service:

9 years of retail and internal customer service experience.
3 years of experience as an emergency medical technician.
3 years of military service.

I’m no stranger to stress and I specialize in getting the job done, no matter how difficult. The customer and client are number one in my sight. Their satisfaction is my utmost concern.

You may credit Dan Cathy of Chick-fil-A with the concept of “second-mile service,” but he got it from the same place where I get the guiding principles and ethics that form the foundation of my business.

If someone forces you to go one mile, go with him two.” – Matthew 5:41

If a client asks me for a good deal, I’ll find him a great deal.
If a friend needs advice, they’ll get the best council I have to offer.
If a stranger needs a hand, I’ll give him both.

That’s the kind of service we offer around here.

Couple that service commitment with excellent market knowledge and painstaking attention to detail and you’ve got a REALTOR you can trust to protect your best interests and save you time, stress, and money. Sounds good right?

For more information about my unique take on customer service, visit http://kenny.thesilvagroup.net.

Open House Today, Sunday April 18th!!!

Open House Sunday April 18th 2-4 PM

This stunning all-brick Frank Batson home is a must see. Features include an award-winning floor plan with all of the upgrades, not to mention hardwood flooring and Berber carpeting throughout. The largest lot in the neighborhood is highlighted with beautiful landscaping and priced to sell. Come and visit us today!

Just Listed! 1601 Pakenham's Retreat Hermitage, TN $229,000

Open House Saturday April 10th 2-4 PM

This stunning all-brick Frank Batson home is a must see. Features include an award-winning floor plan with all of the upgrades, not to mention hardwood flooring and Berber carpeting throughout. The largest lot in the neighborhood is highlighted with beautiful landscaping and priced to sell. Schedule a private showing today!

Friends of Metro Schools Public Meeting

From Friends of Metro Schools/Stand for Children:
As you’ve heard, Metro Schools could be facing a $35 million budget
shortfall. Please join us on March 29 to learn more. By the time of
our meeting, the school board will already have voted on the school
budget. Friends of Metro Schools, a coalition of many community
organizations, is coming together to ensure that schools are a top
priority as the budget goes to Mayor Dean and Metro Council.
Register today at www.stand.org/tn/friendsmeeting for a March 29
Friends of Metro Schools Membership Meeting addressing the potential
school funding crisis.
When: 4:30 to 6 p.m. Monday, March 29
Where: The Martin Center, 2400 Fairfax Avenue, Nashville, TN 37212
Why: Come and hear from Dr. Register and other officials about the
current school funding situation. Last week Metro Schools presented
their mid-year report to the Metro Council Budget and Finance
Committee. While consumer spending in Nashville has improved, sales
tax revenues still fall short of paying for part of the school
district’s $620.7 million budget.
Free on-site childcare provided only with advanced registration.
Please forward this e-mail to your networks and ask them to sign up
for our Friends of Metro Schools list to be informed and activated on
school funding issues.
Thank you,
Kate, for Nashville Stand for Children

Open House Sunday 3/28 2-4 104 Kenaum Ct. Nashville, TN 3/2.5 2250 sq. ft. $219,900

104 Kenaum Ct. Nashville, TN 37209

Silva Real Estate GroupWon’t you come and take a look? Sunday 3/28 2-4 PM.

Immaculate!! In Cul-de-sac, New Master Bath, Tile, Granite, Custom Tile Work in Shower, Designer Paint, Wired for Surround Sound, New Fixtures, Fireplace w/ New Chimney, Faux Wood Blinds. Floored Attic – Storage, Close to Nashville West and I-40!

Bedrooms: 3
Bathrooms: 2.5
Square Footage: 2250

Range/Oven
Full Refrigerator
Interior Amenities
Fireplace
Attic
Exterior Amenities
Patio

Open House Sunday 3/14 – 7277 Charlotte Pike #243 2 BR/2.5 BA Townhouse $174,900

This townhouse is gorgeous. Come and check it out on Sunday from 2-4 PM!

7277 Charlotte Pike, Unit 243
Nashville, TN 37209

Price: $174,900
Bed(s): 2
Bath(s): 3
Type: Condo/Townhouse
Sq/Ft: 1675
Age (years): 5

Custom end unit w/ 2 Master Suites, Rec Room could be Third Bedroom, Lots of Finished Wood, Bay Window w/ Beautiful View, Tile Inlay on Stairs, Stainless Appliances, Refrigerator.

Property Listed By:
Agent: Allen Perry
Keller Williams Realty
P (615) 425-3600