Blue Day on Narragansett Bay.
If the world of real estate could be as bright as the day is blue, we could satisfy our clients with conventional homes. But this is a time in the housing market when REOs (bank foreclosures) and short sales, in many cases, run a good portion of our real estate business. If REOs and short sales could go quickly and smoothly through the home closing process with the banks and subsequent interlopers in the process, it would so help the economy rebound, people rebuild lives quicker and perhaps allow real estate in many areas to level off. Not such a novel idea.
As it comes to be with many of these properties that so challenge us (as Realtors) as well as buyers and sellers to make it to the closing table...it takes too long to get there... I wish in some cases it would be a fairy tale that weaves a web of amazing tales. Of course, you know I am coming to one and it will be a tale I will tell that is all fact and no fiction and should be avoided if at all possible. It will be a tale of Fannie Mae and how to ensure you will have a blue day (oh, do try to avoid this one) when you buy one of their properties. It is a fact and one that is mind boggling. But to share too much may nix a buy that has been 5 months long on an accepted offer that still can not happen. And none of it is the buyers doing!
........not because of title issues
........not because of listing agent issues
.......but because Fannie Mae has vendors who are inept and have no respect for the people involved in buying a home
So just enjoy the view of a blue day on Narragansett Bay for it is a rock solid stomach that can hold on to a house for so long and not quit the battle. My hero is truly a buyer at this point who has the patience of a saint. There will be a reveal at some point but Fannie Mae is a representation of why things to do not work well for this country anymore. Enjoy the view. Blue Day on Narragansett Bay.
Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Washington County RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage. When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.
This blog © and its contents is original to Ginny Lacey Gorman
Ginny L. Gorman a purveyor of Fine Waterfront RI Real Estate
Specializing in waterfront, ocean front, vacation, coastal and luxury homes for sale in North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich, Westerly RI and beyond ... I sell dreams! because there is no place like home...the RI Realtor in the Sparkly Red Shoes.
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cell: 401.529.7849 office: 401.884.4100 ext.268 Ginny Lacey Gorman, Realtor