Miami real estate news and information

Congratulations on the CHALLENGING Sale and Purchase of Your Home

Congratulations to both buyers and sellers …    What a roller coaster of a closing!

Although this lovely home was featured on TV by Liz Caldwell as one of the three BEST deals in Miami  for sale the week The Restivo Team listed it …  (and although it went under contract within days of being listed – with multiple offers) … it was  a challenge getting to the closing table… and that’s somewhat of an understatement.

The first contract fell through,  hours before closing was scheduled … The buyers backed out at the 11th hour.  There was an escrow deposit dispute that ensued between buyer and seller … and it took months for that to be resolved and the house re-listed …  After the ‘good faith deposit’  issues were resolved, the house went under contract again … and survived appraisal and financing contingencies … again.     Court approval of the sale  was required… and gotten.   And then there were a couple more hurdles to jump … and an unexpected extension needed.

Every single one of us … attorneys, title and closing agents, Realtors, buyers and sellers all chalked it up to being one of the more complex transactions any one of us of have yet to come across … What appeared at the onset to be an easy sale, ended up being quite the challenge.   Congrats to all !!!   It looks like we squeeked through just before foreclosure proceedings or any other delays could slam the door. We did it !   Time to pop the bubbly !

On paper this is how it looked when we listed it last spring:

” LUSHLY LANDSCAPED GARDENS SURROUND THIS BEAUTIFUL HOME. FLORAL & EXOTIC
PLANTINGS. FRUIT TREES: MANGO, APPLE, PAPAYA, MAMEY, AVOCADO. COVERED PATIO
& GROUNDS ENTICE RELAXED OUTDOOR ENTERTAINING. LOVINGLY MAINTAINED. LIGHT.
BRIGHT. CHEERY. SPARKLING POOL. IMPACT WINDOWS. IMPACT GARAGE DOOR. TILED
GARAGE. NATURAL GAS LINE (METERED) FOR STOVE, WATER HEATER & BBQ. MUNICIPAL
WATER & SEWER. APPEALING NEIGHBORHOOD. WELCOMING CURB APPEAL. GRANITE
KITCHEN.”

and then this past fall:

“BACK ON THE MARKET. LUSHLY LANDSCAPED GARDENS SURROUND THIS BEAUTIFUL HOME.
FLORAL & EXOTIC PLANTINGS. FRUIT TREES: MANGO, APPLE, PAPAYA, MAMEY,
AVOCADO. COVERED PATIO & GROUNDS ENTICE RELAXED OUTDOOR ENTERTAINING.
LOVINGLY MAINTAINED. LIGHT. BRIGHT. CHEERY. SPARKLING POOL. IMPACT WINDOWS.
IMPACT GARAGE DOOR. TILED GARAGE. NATURAL GAS LINE (METERED) FOR STOVE, WATER
HEATER & BBQ. MUNICIPAL WATER & SEWER. APPEALING NEIGHBORHOOD. WELCOMING
CURB APPEAL. GRANITE KITCHEN.”

Congrats to buyers and sellers!   The Restivo Team at EWM Realtors …. Vicki & Alexandra

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