SOLD – 123 Coombs St, Lebanon

downloadJennifer received a call late one evening from a very emotional homeowner.  She had quite a tale to tell of numerous failed attempts to refinance or have her loan modified and she’d come home from work that night to find a foreclosure notice on the door.  She didn’t understand the process or what to do next.  Illness had ravaged her finances, and Bank of America had being less then cooperative (which is no surprise to Jennifer!), but the bank had referred her to Jennifer for a short sale.  (Jennifer is on their list of Certified Short Sale Specialists in the Boone County market.)  Short sales are never a joy, because the stories behind them are sad, but Jennifer knows they are a necessary evil and takes pride in her ability to help guide and protect the homeowners as they make the best of a difficult situation. Jennifer helped Karen understand her options and explained why short sales are the best long-term solution to an inevitable end.  They agreed to list the house so that Karen could control her move date and participate in an incentive program through the Federal Government that would put some cash in her pocket to finance the move. In the end, the sale worked out well, and Karen was able to move to a great apartment with $5000 in her pocket, which helped offset the cost of storage and movers and security deposits. This was a sad sale for Jennifer.  She empathized with the frustration Karen felt at losing her long-term home, but the ending was better than it could have been when the foreclosure was avoided.  Karen’s health is much improved, she’s out from under a house that was over mortgaged, and she no longer has to worry with the upkeep on a historic house that was simply too much for her.  All things considered, it was a good ending to another Story of Sold.

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About jenniferblandford

A seasoned real estate broker in Zionsville, IN
This entry was posted in Boone County, IN and tagged , , , , , . Bookmark the permalink.

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