Email Elizabethclosing concurrently
Land Park Seller Bought and Sold Concurrently Without Listing First
Another satisfied Land Park seller closed escrow last week. The incredible thing was we didn’t even have his house listed when we helped him to buy a new home contingent on his existing home closing concurrently. Sometimes we can pull off that remarkable type of sale. How we do it when other agents cannot is an interesting story.
For starters, I’m not saying this will work 100% of the time but usually it does. First, it helps to have a desirable home to sell, and it doesn’t get much better than owning a vintage home on a fabulous street. Second, if the listing agent of the home the seller wants to buy knows me, well, they know I will sell that home, whether it’s on the market right now or not. I will find a way to sell the seller’s home because that’s what my reputation is built upon. In other words, we sell the listing agent being Elizabeth Weintraub to the other agent.
I always tell my sellers it is better overall to put their home on the market before going off to buy a home. We can make the sale of their home contingent on finding a home to buy. But I also understand that they don’t always care what is best. They don’t want to sell until they find the home they love, which ultimately is their motivation for selling. In this particular sale, the seller had found the home and started the negotiations to buy that home prior to finding our buyer.
But in the middle of everything, we suddenly were prepared to go on the market. No grass grows under my feet. The house was painted, everything cleaned up and ready to go. When I told the Land Park seller how much he could get for his home, he was fairly blown away. He could not believe he had acquired that much equity since I sold him the home almost 10 years ago. We priced the home very attractively, right at that sweet spot.
After the open house, we received an aggressive offer through an experienced Lyon Realtor I’ve closed other sales with. It’s always wonderful to work with a competent and skilled agent on the other side. My team member Amy McMullan jumped in to help this Land Park seller purchase his new home. On the day before closing, a series of events popped up that required immediate attention, and Amy got on the horn and made it happen. I thought she was gonna have a heart attack. But no, she got the job done professionally and efficiently.
This Land Park seller sold his home for $23,000 over list price. He closed on his new home the same day, and we negotiated an extra day for him to move out. We do the impossible just about every day on the Elizabeth Weintraub Team. If you’re thinking about buying or selling a home in the Sacramento area, please call Elizabeth at 916.233.6759.
1731 Bidwell Way, Sacramento, CA 95818 closed escrow on April 12th, 2018 at $572,000.
Taking Title as Wife and Husband When Homebuying
Bride and groom at reception discuss the good reasons to hold title as wife and husband when buying a home.
When I mention taking title as wife and husband when you’re buying a home; this is not meant to leave out anybody in the Sacramento LGBT Community. I know married people, for example, who refer to their coupling as husband and wife; yet others say husband and husband or wife and wife. There are few rules about what you can call your partner, unless you’re ticked off and intent upon sleeping on the sofa. But there are strict rules about ways to hold title to Sacramento real estate. Further, some married couples prefer taking title as wife and husband instead of husband and wife, regardless of gender.
Why does it have to be husband and wife? Is there any reason for the name of the male to be first on a grant deed? It’s just custom. Conformity. And it is definitely time to buck tradition a bit.
I am very cognizant of whether couples hold title as wife and husband when I take a listing, for example, because it also means making sure the wife signs first on every document, including the purchase agreement. In fact, my husband and I hold title as wife and husband, a practice put in place for our first home in Minneapolis. We did it for two reasons. One is so the solicitations for a new home mortgage and whatnot don’t bother my husband. They tend to mail to the first person on title. The other is to stir things up. To rebel against the norm. To say why not?
Corn Palace in Mitchell, South Dakota, is covered in corn.
When we sold our home in Minneapolis, right after 9/11, in the midst of closing concurrently in California, I was driving my vehicle out to Sacramento with an old friend when we stopped at the Corn Palace in South Dakota. It’s one of those weird things one is required to do by law when one is driving through South Dakota, just so you can say you have viewed the corn-struction in person. I was holding that former friend’s cellphone, trying to position myself “just so” in middle the street, in the exact spot where I could pick up a cell tower, as cars swerved to avoid hitting me right there in front of the God-awful Corn Palace, yakking to my husband about closing escrow.
He mentioned the escrow company mixed up the deed and put his name first. They forgot. Well, it wasn’t recorded yet. That escrow company in Sacramento needs to change the deed, I insisted, yelling into the cellphone and over the honking cars, as we are taking title as wife and husband, not husband and wife. Escrow was able to change it at the last minute and record the deed in accordance with our wishes. It shouldn’t be this difficult.
Let’s not even get to the subject of now I pronounce you . . .
