It seems like this month I've had more than my fair share of challenges with closing an escrow that doesn't want to close. There are many moving parts in an escrow, and the easiest place for all parties to focus on when an escrow can't close is the seller. Their initial solution is to ask the seller to extend. If only the seller would extend, then all of their problem -- which they created all by themselves -- would be solved.
The thing is when I am representing the seller, I see the seller's side of things, and sellers often do not want to extend. There are other ways to handle it apart from putting the pressure on the seller, for example.
You can read more in my personal blog today about Closing an Escrow Against the Odds.
Certified HAFA Specialist
Sacramento Real Estate Listings
Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.
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Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.