A Short-Sale Success Story from Santa Clara County, CA

I try to steer buyers away from short sales for the well known reason that they rarely close, but in our high-cost area, they sometimes are the only possibilities for first-time buyers. Today, my very excited and happy buyers will own a lovely home. This was very serendipitous--we happened to be in the right place at the right time--the listing agent was great, the bank had lost one sale because they took too long, and had just relisted when we came in with a strong offer. They were ready to move this time. It took less than 1 week to have our offer approved by the lenders; escrow period was 20 days.

Sometimes one gets lucky.

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

Lottie Kendall, Realtor®


CA DRE#10215160; 650-465-4547









Comment balloon 5 commentsLottie Kendall • August 20 2008 09:42AM



Wow! I'm so glad this worked out so well for you. Here's to many more happy buyers!

Posted by Rebecca Schrader (Competitive Insurance of Dundee) over 12 years ago

Rebecca--thanks for the good wishes to happy buyers--hope you have a similar success

Posted by Lottie Kendall, Helping make your real estate dreams a reality (Compass) over 12 years ago

Congratulations to you and your first-time buyers. It's great to hear that something positive has come out of all the short sale madness!

Posted by Ilyce Glink, Best-selling author, award-winning TV/radio host. (Think Glink Media) over 12 years ago

Good job.  I hope the banks are wising up to their benefit in the short sale process and clean up some of the craziness we've seen in the last year or so!

Posted by Hope Goss, Ventura Real Estate (Ventura Property Shoppe) over 12 years ago

Thanks, Ilyce -- by the way, I enjoy reading your columns in Inman News

Hope -- your comments on spot on; thanks for stating them

Posted by Lottie Kendall, Helping make your real estate dreams a reality (Compass) over 12 years ago