This Sacramento Realtor® is not as funny as what you have been use to reading on Dave Smith.’s Tuscon Real Estate blog. I love the April Fool’s video…priceless!
The funny story I experienced happened just the other day while showing an older woman homes in Sacramento. We had several houses to view on our tour last Saturday. As I opened the door of one of the homes for sale I noticed that this Short Sale home that was listed as vacant had mattresses on the floor in the living room and dining room..
When I see something like that in a vacant home, I immediately make my presence known by loudly shouting “Realtor®, anyone here?” The home buyer did not wish to go in but stayed outside waiting for someone to answer me. No one did.
I kept walking into the property and as I turned the corner, the kitchen was missing cupboards, counters smashed possibly with a hammer and everything a shamble on the floor.
Immediately I went back outside locked the front door and let the home buyer know that this was not the house for her VA loan and explained what I had seen.
Bless her heart, she said “maybe the sellers are remodeling?” Believe it or not she actually thought that was the case. Thank heavens not all Sacramento Short Sale sellers destroy their properties. In fact, we hardly see that sort of thing very much anymore.
But I will forever remember this woman thinking that the home seller riping the guts out of their home they were losing was possibly remodeling for the new home buyer.
I was checking Dave’s market stats and was surprised to see REO properties out number the Short Sales here in Tucson. Sacramento real estate is just the opposite with Short Sales being the majority of the homes for sale. The numbers are staggering and even more staggering is the fact that the banks are taking a copious amount of time to approve Short Sales.
California Realtors recently advertised in all the major newspapers throughout CA for banks to speed up the Short Sale process. Wonder if the banks read it…
Do you think Tucson real estate would be helped if banks moved Short Sales faster?
There’s one in every city! I don’t understand it either, sellers who destroy the home aren’t hurting the bank only the house and the future potential of someone buying it. Gena was kind to the lady who thought the seller’s were remodeling. One can only guess the pain they were feeling when they ruined their home.
If banks would expedite short sales and offer the seller some incentive for property condition, they would not face having to replace (or accept less on ultimate REO sales price) kitchens, bathrooms, floor coverings and landscaping. Would also bring markets back to something resembling “normal” far sooner.
We see a lot of this in Miami, but with bank owned properties, not short sales. We did run into a problem with a short sale (we were representing buyers), were seller tried to change appliances to cheaper ones and removed camera system at the very last moment. We had written down model numbers of appliances ….live and learn.