Posted on September 4, 2018 - 04:34 PM
by Bob Sorey
When reading an offer, keep in mind that you are out to get the best price AND the best terms for you. If you focus solely on the price, you may overlook terms that could be favorable to you as a buyer.
Some terms that may work in your favor:
higher-than-market-interest in a second mortgage for your home
the buyer will pay for most or all of the closing costs
the buyer will take care of any repairs
quick close - the buyer is pre-approved and ready to close in a timeframe that best suits you
When reading through offers, remember to look at the whole package. Take the time that you need to assess what is being offered and if it meets your needs.
As a manager who has interviewed and hired hundreds of professionals, I have always looked for those who love what they are doing to the point it is their life's mission. These are people you can more than rely on and always become the cornerstones of the team. This was my impression of Bob when I met him the first time. Bob takes very seriously every case that comes to him.
My marriage had failed, my house was in a flood zone, I had used all my resources available to make ends meet for a year. I desperately did everything I could to make my house sell. This is how Bob found me when we walked through his door. With compassion for my broken heart, he miraculously found a way to save us and convince Wells Fargo to accept a short sale. When it was rejected the first time, and I thought for sure foreclosure was inevitable for us, Bob tried again. His knowledge of the legislature and long standing relationships with Fannie Mae, allowed us to get the best advice possible and force Wells Fargo to respect the law and allow our short sale. How many people do you know will take on a giant corporation because they believe strongly giant corporations also should do the right thing? Like a modern day David, Bob did.
I have been a home owner in good standing for over fifteen years and suddenly found myself at the brink of financial ruin without the tools or understanding of what to do. All I can say is Bob saved me. Not because he had to or didn't try enough already, but because he believes in his heart it is his mission to help. He fights the good fight. I thank God for him every dayccaudill6