Once Upon a Time There Were 3 Homes in Escrow

One would think it was an April Fool’s joke the way things seem to be going this morning in my Sacramento real estate business, but I can assure you that it’s entirely coincidental that 3 properties are going back on the market today pending rescission through absolutely no fault of the sellers. It’s those buyers. Once we had 3 homes in escrow and then not.

You would think buyers would have received the message by now that we have limited inventory in the marketplace, and they are pretty much lucky to be in escrow on any home. But with any strange market comes strange buyers as part of the mix. The problem is as a listing agent, we don’t meet the buyers face-to-face and we have no idea really whether they face mental challenges or are just drunk or stoned. The scenarios seem so similar at times.

I want to suggest hey, buyer’s agents, why not rifle through your buyer’s personal belongings to see if they have stashed illegal drugs in their coat pocket and better sniff that water bottle, does it contain vodka? Because I don’t see any other explanation for such absurdities. I know for some people it’s a lot of fun to be in escrow and picture what life would be like after closing, but for some of those people, it pains me to say, well, they can harbor no intention of closing. Some of them don’t realize it at the time, I’ll give them that much; but others are fully aware, they’re just playing in some other kids’ sandbox, one that the cat visited.

Just seems like a big case of buyer’s remorse sneaking into town on slipper-clad feet. Like that purple smoky haze cast as a curse by Maleficent over Storybrooke. Three perfectly good homes in escrow back on the market today. It’s unbelievable. Enough with the negative, let go of that — time to focus on the positive. These will sell again. They always do.

If you need a turnkey home in Elk Grove at $225,000, or a model home condo in West Sacramento by the Lighthouse Marina at $195,000, or a huge upgraded home with hardwood floors and a fabulous view in Natomas around $300,000, please give this Sacramento real estate agent a ring today at 916.233.6759. I’ll be more than happy to help you find that perfect home and slip you into backup position as we await the processing of the inevitable. No April Foolin’, I promise. When we put homes in escrow, they generally stick.