Houses are selling in San Carlos, CA 94070

Houses are selling in San Carlos, CA 94070!!

This morning was a happy day for my buyers--finally, loan documents were in and the signing we hoped to accomplish last Friday took place.

San Carlos, CA 94070 - home sold!Early last December these first-time buyers entered into contract to purchase this sweet home, a home they're looking forward to enjoying with their young son. Sometimes serendipity comes into play in real estate. The sellers wanted a long close or a rent back; they were remodeling their replacement home and weren't ready to move in December. My buyers had a lease on their rental that continues into March, 2011.

The solution: close of escrow about 7 weeks out, January 28 to be exact; a rent-back to the seller for 30 days at the buyers' PITI (principal, interest, taxes and insurance). A sweet deal that worked well for all.

After a couple of anxiety-ridden days with the underwriters asking for more and more documentation at the last minute, loan documents arrived and were signed; my buyers presented a cashier's check to the escrow company for the balance of their down payment; the loan should fund tomorrow, and the deed recorded on Friday, per schedule.

This time next month will be even more exciting for them, and for me: that's the day we'll hand over the keys and they will feel like homeowners for the first time.

I love finding solutions that work well for all involved!



--- Come for a visit; Stay for a lifetime!

Lottie Kendall, Realtor®


CA DRE#10215160; 650-465-4547

Peninsula Living Business Page



Comment balloon 4 commentsLottie Kendall • January 26 2011 11:54PM



Congrats on a successful transaction. Sounds like maybe things are beginning to happen in your area. Our January has been more active here also!

Posted by Trey Thurmond, College Station , Texas Homes (BCR Realtors) over 8 years ago

Good morning Lottie, and congratulations.  I love working first time home buyer it's so rewarding when you get them in a place they can make a home.......Make it a great day.

Posted by Paula Stills, Full time Real Estate, Ready when you are! (RE/MAX Real Estate Results) over 8 years ago

Trey - thank you! Our real estate market is very active; glad to hear yours is, too.

Posted by Lottie Kendall, Helping make your real estate dreams a reality (Compass) over 8 years ago

Thanks, Paula. I enjoy first-time buyers, too. Enjoy your day

Posted by Lottie Kendall, Helping make your real estate dreams a reality (Compass) over 8 years ago