Short Sale North Kingstown RI Home in Sales Agreement
It took many rehabbers to look at this short sale North Kingstown RI home to put it into sales agreement….more than I would have
RI Home for Sale – Short Sale
liked but this RI real estate home required it. I knew early on that any buyer, unless a cash offer with deep pockets, would be obtaining a 203K loan to fix it up.
The sellers did not go into this blindly except, they say, when they bought the home a week before they got married. Well we all know who have taken the wedded bliss path that ones mind is not truly in full absorption mode prior to a wedding!
Short Sale North Kingstown RI Home in Sales Agreement
A 203K loan is well served for this property to fix the interior and exterior home improvements needed for this buyer. It turns out the winning bid on this 467 Ten Rod Road, North Kingstown short sale property is a buyer who wants to reside in the home. She wants to fix it up over time and have room for a blended family to reside there. Well a 203K loan gives you that ability to do that.
So with the upstairs totally renovated and a new roof too, the buyer has less to do but still so much needs to be updated on a 19th century home. Patience, time and money is the right concoction for this North Kingstown short sale agent.
For the sellers, the process begins with their lender(s) and my legal team to negotiate the short sale into a closing transaction. It may take months but I am confident we will get it done…we always do for the short sale sellers. Short sale North Kingstown RI home in sales agreement.
~~~~~~~~~~~~~~~~~~~~~~~~~
