Tuesday, August 18, 2009

Teri & Kodie's New Place of Residence!

"Wow" is all I have to say about this deal. We got this condo under contract and a few days later Teri's loan officer said that she wasn't going to qualify for the loan. So I got everything ready to cancle the deal so that she could get her earnest money back. Well, when I told the listing agent, Matt Strong, that the deal wasn't going to work he said "well, let's see what we can do to massage it for a few days and see if there's any other route we could go". Sure enough when we looked around we found a better loan. By the time we were sitting at the closing table my client felt like she belonged in the circus for all of the hoops she had to jump through. Over all she says that it was worth it because her mortgage payment is less than a rent payment plus she's gaining equity and has a place to call her own. Her daughter Kodie already has the paint picked out for her room. Congrats girls!!!