Tuesday, August 19, 2014

The importance of being on a united front, even in an "unpleasant situation" when selling

Call:  (301)943-4370
 
A little over a year ago, one of my buyers put a contract on a home that was a short sale. Regretfully, it was a divorce--the sellers were getting divorced. Only the husband was on the title. He wanted to sell and listed the home for sale with a realtor. His soon to be ex wife was in the house and didn't want to move. Apparently she didn't want to the sale.   She must have found some amazing lawyer and/or there was a sympathic judge, because she went to court and successfully blocked the sale.  The contract was voided.  I am curious how she won, considering she wasn't on the title.
 
This home is now back on the market... as a foreclosure.  The question that begs to be asked is if  the seller's soon to be ex really thought the seller would keep up with mortgage payments, so she could continue living in the home and not be forced to move?  If she wanted to/intended to stay in the home, didn't she realize she would probably have to take over the mortgage payments and have a legal document drafted, addressing the ownership of the home, payment so the woman could live there as long as she wanted (if she was responsible in taking care of the mortgage) and the seller could go on with his life, with this house off of his books?  I am sure there are other possible ways that the situation could have been handled but I don't know many of the facts and I am not an attorney.
Divorce is sad and can be ugly. I mean, even if both owners were on the title, it could have been complex selling the house, if 1 of them didn't want to sell, they didn't agree to a price, didn't agree how to divide proceeds if the home sold, etc.
Easier said than done, but you have to sometimes take the emotions out of it and deal with the task at hand, find a solution.
Otherwise it is a lose lose. The man now has a foreclosure on his record losing his house for nothing and the woman had to find a new place to live.
We have to be ready for all twists and turns in life.  My biggest hope is that all parties hear talked to real estate attorneys who discussed with them in advance the implications for cooperating and not cooperating in the sale of the home. 
 
 
Whenever you or someone you know is thinking of moving, I would love to speak.  I would love for you all to also feel free to call/email whenever you have a real estate question or want to talk about the market. I appreciate and always have time for your referrals.
 
Thanks!
 
Adam Bashein
Long & Foster Real Estate, Inc.
Licensed in MD & DC
Cell:  (301)943-4370
Office:  (301)469-4700 - ask for Adam
information deeemed to be accurate but not guaranteed
 
 
 
 
 
 



Thursday, August 7, 2014

Thanks to you, I was just recognized as One of the Top Office Producers for the 2nd Quarter of 2014!

Cell:  (301)943-4370

 


I want to thank each and every one of you very much for thinking of me for your own real estate needs and referring me to friends, family and colleagues who are looking to make a move.  It was very humbling to be named a top office producer for the 2nd quarter of 2014 and I couldn't have done it with out you!

Most sincerely,

Adam Bashein
Long & Foster Real Estate, Inc.
Cell:  (301)943-4370
Office:  (301)469-4700 - ask for Adam
adambashein@mris.com
www.basheinhomes.info
Licensed in MD & DC
information deemed to be accurate but not guaranteed






 


Sold and I found the buyer...Beautiful townhome in Olney, MD - James Creek

Cell:  (301)943-4370
 
 
One of the most rewarded compliments a realtor can get is when a colleague refers him or her to buyers/sellers.  These buyers were referred to me last summer and they recently settled on their first home...this beautiful townhome in an Olney subdivision called James Creek.  This townhome was built in the 1990s and is in wonderful condition.  The entire home is updated, included a wonderful kitchen. 
 
 
I hope these buyers will enjoy many years in their new home.
 
 


Anytime you or someone you know is thinking of moving, think of me. I serve all of Maryland and Washington, DC.  Even if you aren't in the market, but have a real estate question, I would love to talk.
 
Thanks!
 
Adam Bashein
Long & Foster Real Estate, Inc.
Cell:  (301)943-4370
Office:  (301)469-4700 - ask for Adam
Licensed in MD & DC
information deemed to be accurate but not guaranteed


 


Another Silver Spring (Kemp Mill Farms), MD Sale by Adam

 Call:  (301)943-4370

Some home searches involve very specific types of needs in both model and location.  And, by location, I don't just mean city or subdivision.  This home is a rare, with 4 main level bedrooms and was also in very close proximatey to a destination that the buyers wanted/needed to be in.  The home search took years and I am so happy for the buyers that we came across a home that was a great match for their wants and needs.







 



Whenever you, your family or friends or thinking of moving, think of me.  I will guide you every step of the way, whether the buying/selling process takes a few weeks, a few months or even a few years.  As long as you are a ready, willing and able buyer, motivated to move with focussed wants and needs, I am here for you.  Even if you aren't in the market but have a real estate question, let's talk.

Thanks!

Adam Bashein
Long & Foster Real Estate, Inc.
Cell:  (301)943-4370
Office:  (301)469-4700
adambashein@mris.com
www.basheinhomes.info
Licensed in MD & DC
information deemed to be accurate but not guaranteed