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Aug 02, 2019 12:31:35

Obstacles

by @keni PATRON | 210 words | 262🔥 | 262💌

Keni

Current day streak: 262🔥
Total posts: 262💌
Total words: 56982 (227 pages 📄)

There wasn't anything interesting on my mind today.  I thought today's post will be unremarkable.

Then I get a call from my real estate agent.
She says, 'I have some bad news.'

Yesterday, I pre-signed on a house that I was selling.
My first property flip that I bought with my family in April.
Fixed it up and put it on the market.
We immediately got offers and went under contract.

At exactly 1130am today, the buyer was scheduled to sign the papers to finalize the sale. And at 11am - their lender decided to deny the loan.

Apparently, something like this never happens.

I had called all the utilities to end service by tomorrow. I had made plans on what to do with the proceeds. I had already started to eye another property to flip before the end of the summer.

The agent was a bit unclear about what happened. But the sale just isn't happening today. 

Obstacles. 

I asked a lot of questions.

What is the next step?
What is the worse case scenario?
How can we move forward?

The house will be back on the market today.

My first house flip has so much delicious drama for my upcoming autobiography. 

From Keni's collection:

  • 1

    @keni

    this isn't bad news long-term at all. Isn't the real estate market strong? Then there will just be another buyer. It's bad news more for the buyer than ya'll the seller I think.

    Sir Abe avatar Sir Abe | Aug 05, 2019 17:11:39
    • 1

      @abrahamKim - I hope so Sir Abe. Time is expensive when it comes to real estate. Especially when we were just 30 minutes away from closing.

      Keni avatar Keni | Aug 05, 2019 11:21:13
  • 1

    @keni - delicious drama! ( OMG -- that sounds fantastic ) ( but.. ahem, you know, for other people )

    Brian Ball avatar Brian Ball | Aug 03, 2019 17:30:37
    • 1

      @brianball - lol. You have permission to use delicious drama in your writing.

      Keni avatar Keni | Aug 05, 2019 11:20:34
    • 1

      @keni -- haha.. I rarely ask for permission. I've always preferred forgiveness. shrug.

      Brian Ball avatar Brian Ball | Aug 05, 2019 08:50:14
  • 1

    @keni At least it's a seller's market and hopefully more solid offers will present themselves.

    Brandon Wilson avatar Brandon Wilson | Aug 02, 2019 18:29:28
    • 1

      @brandonwilson - I hope you are right... Staying positive.

      Keni avatar Keni | Aug 05, 2019 11:20:07
  • 1

    @keni

    Sorry about that.

    Seun Oyebode avatar Seun Oyebode | Aug 02, 2019 22:52:35
    • 1

      @seunoyebode - I have nicely recovered Seun.
      And WHERE ARE YOU????

      Keni avatar Keni | Aug 05, 2019 11:19:46
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