One of my lovely clients signed at escrow today and have the opportunity of closing a few days early. This is quite a surprise in the current lending environment to have something actually come together early with out too much drama. The appraisal did get picked apart in the early stages, but that has since resolved itself.
So they have signed and are ready to go. If it were me buying the house, I would want to go ahead and close. I have this firm belief in my head that whatever can go wrong might go wrong, so as a result, I am always trying to prevent anything at all from going wrong. In this case because my buyers needed a very specific loan program and there isn't really a back up plan, I would just feel more comfortable if they closed and moved in. The loan officer thought I was a little paranoid and over protective, until I reminded her of the time that another lender offering a rare and hard to find program closed their doors three days before funding a loan. She then agreed: They should close.
It is in the client's best interest to make sure things flow smoothly and if it financially makes sense and is good for all parties, why not go ahead and close? Seems to me that my job is to get it to that point and also beyond - even if I have to be the greasy wheel. Any thoughts?
Courtney Cooper
Seattle Realtor, Owner/Designated Broker/EcoBroker
Cooper Jacobs Real Estate
206-850-8841
(Seattle real estate - search all MLS listings from all companies for FREE), SeattleAfloat.com (Seattle Houseboats), GreenLakeLoop.com (Green Lake Blog), QueenAnneBoulevard.com (Queen Anne Blog), MagnoliaView.com (Magnolia Neighborhood Blog)
About Me:
Seattle real estate has been a big part of my life for well over a decade since I began my career in real estate,but also before that time when I was in the process of purchasing my own first home. Buying your first home can be quite overwhelming,but I have managed to help many first time home buyers along the way.
Move up Seattle buyers and other types of specialized purchasing is a great passion of mine! I love Seattle houseboats and you can find me down on the docks of Lake Union and Portage Bay several times a week. Other aspects of Seattle real estate that I adore include Queen Anne Real Estate,Wallingford Real Estate, Ballard Real Estate, Green Lake Real Estate, Laurelhurst Real Estate, Magnolia Real Estate,andSeattle Waterfront Real Estate.
In addition to being a Seattle residential broker and founder of Cooper Jacobs & Seattle Afloat, I am also a member of CBA (Commercial Brokers Association) and head of the Cooper Jacobs Commercial Division in an effort to provide excellent commercial real estate services to the Seattle commercial real estate industry. With a background in accounting and management, it is my great pleasure to coordinate our Seattle commercial brokers.
About Cooper Jacobs Real Estate's Seattle Branch:
My office at Cooper Jacobs Real Estate LLC is located centrally near all my favorite Puget Sound neighborhoods just a few blocks up from Lake Union in Seattle’s Wallingford. Cooper Jacobs Real Estate is a wonderful place filled with talented Seattle real estate brokers and I count myself extremely lucky that I get to spend so much time with these wonderful people. We specialize in different Seattle neighborhoods and suburbs in both residential and commercial real estate and are all very passionate and excited about each of our favorite Seattle neighborhoods and industries!
©Courtney Cooper ©Cooper Jacobs Real Estate LLC
Hi Courtney,
Good advice. It never hurts to have the job done. Things happen.
I had a water heater go out on a seller the day before closing. Another was held up at the last minute so the furnace could be replaced. Not fun for either agent, buyer or seller. (especially the one representing the buyer who did a lot of running around at the last minute to get the new furnace installed.)
One seller lost the job in NYC that he planned to go to when his house here in Seattle sold. He wanted out of the contract then, but the buyers still wanted the house, so he had to move.
There are more stories in "real estate city," but things can and do happen. Especially with financing!
Ha ha ha Debra - I remember that furnace incident quite well since I was the one crawling around in th cold early morning hours to get that one closed - what a mess - probably the worst one yet, but we closed:) Lending has even got a little whackier since that one! Hopefully we will do another soon!