Follow by Email

Sunday, May 20, 2012

Update!!!!


As the saying goes: “if it weren’t for bad luck we’d have no luck at all”.  I have to say the last month (give or take) has proven that saying somewhat true. 

When I left the last installment of Getting Started there was a hint that a big announcement was forthcoming; to quote again “we plan the gods laugh.”  At that time we had what looked to be a rock-solid contract (cash) on our house.  I envisioned my next post to be a picture of me with a sold sign in our front yard.  I had contacted our boat broker and told him to start the hunt.  We began culling-down possessions and eating our way through the deep freezer.  Then we got a call from our relator telling us that the buyer in NJ was counting on inheritance from his recently departed father which had not happened yet so he would have to go to the bank for part of the sale price.  Ok no problem, he and his girlfriend (in Lubbock) still wanted the house and he could come up with around 60% down and finance the rest using his condo in NJ; ok no problem. We continued forward.  We packed the house, arranged for an estate sale company to sell that we weren’t taking with us (which was most of it) down to the walls, and signed a lease on an apartment.  Then, not 24hrs later my realtor called telling me the NJ buyer didn’t get the loan because there were outstanding claims on the fathers company and from what she could tell the collateral (his condo) was in the company’s name.  So, we unpacked the house, broke the lease, canceled the estate sale, and put the boat broker on hold.  Again it felt as if we had pitch-poled.  So now we are back to square one and trying to gain momentum in the real estate market. So I guess this is part of Getting Started, even though it feels like Getting Stalled. 

Next time I will continue with the tale of how we got started down this watery path but for now, if you know someone looking for a great house in Lubbock Texas, give me a call!  Until then-

Fair Winds and Following Seas