Hi Neighbors,

Braeswood is outside of our neighborhood but I am always working all over Houston and beyond.  An investor was interested in purchasing a foreclosed home and paying cash.  It was a nice beginning to 2020, a year forecasted to be an even better market than last year and last year was pretty good.  Anyway, I showed the house late Saturday afternoon, we sent a contract offer to seller that night.  There were multiple offers.  We had to negotiate a few details and make an offer that the seller agreed to.  In cases like this, the seller is usually a bank or financial institution and is made up of a committee.  We had to wait until the following Tuesday to get a verbal acceptance of our offer.  There were so many details to contend with but we closed quickly.  But the paperwork took a bit longer as the Seller used an out-of-town title co. and they had a third party service co. that prepared documents.  You can’t imagine the daisy chain of emails providing info and clarifying details–as many as 8 parties cc’d on communications.  We used Charter Title Co, an established Houston institution and Yolanda Robeson provided sanity in a closing that invited insanity.  She did a good job but it took much longer than anticipated.  Yolanda was diligent in last minute changes that weren’t anticipated but a welcome rock to the finish.  My investor was gratified to get a difficult transaction completed and awarded me a 5-star rating for which I was very thankful.  We are already looking for another good real estate investment

https://www.har.com/homedetail/3310-n-braeswood-blvd-houston-tx-77025/9728334