Subscribe to Flip This Wholesaler

TopOfBlogs

My blog has moved!

You should be automatically redirected in 5 seconds. If not, visit
http://www.flipthiswholesaler.net
and update your bookmarks.

Saturday, January 12, 2008

Payday

1/12/2008

Well, the closing for the REO that I got under contract last week closed yesterday afternoon. The closing ended up being at the buyer's house, as the title company that the bank was using was in Ft. Lauderdale. They sent a mobile closer (a very grouchy one) to handle it. I was going to have my title company prepare the quit claim deed for me, but an investor friend of mine told me not to waste my money, and sent me a template of the one he uses . It's pretty straightforward, actually. Only a half page long, and took about 10 minutes to put together. I was a teensy bit afraid to ask Grumplestilskin to notarize it, because she was really mean and kept talking about what a long day she had, how bad traffic was, how bad she wanted to go home, etc. I made her already awful day just a little bit worse when I accidentally signed the paperwork with a black pen instead of blue (oops). I thought she was going to jump across the table and stab me in the heart. Also, I thought I was going to have to go into a ten minute explanation regarding the purpose of the quit claim, but she just notarized it without asking any questions, thankfully. Anyway, I was out the door 20 minutes later with a check for 2k in hand. Woohoo!

Since I had never seen the property, I thought I would take a drive by it on the way home from the closing, just for kicks.......



Pretty, huh? In a "Kermit the Frog used to live here" sort of way.

I seem to be coming down with whatever it is that is making everyone sick lately, so I'm going to spend the day in bed reading.

Have a great weekend!!

2 comments:

DayByDayFlips.com said...

Hope ya don't get too sick. Congrats on closing the Kermit deal and I hope you have continued success!!

Boyd said...

Crongrats, Steph. A $2K payday before you even saw the house. You rock.