Confessions of a First Time Buyer – Part 3

So Sally goes to Peru and has an amazing time, Shaman ceremonies, meditation, yoga, hiking to the top of Machu Picchu.  She had plenty of time to contemplate and while she was gone the property even had a price drop to $790,000, but regardless of that price drop things were basically at a stand still.  Sally felt strongly since nothing had changed with reference to the mechanics lien and other issues, she wanted to hold firm at her $625K.  Neither side was moving.  Sally continues to look around at other properties, but nothing quite grabs her like this one.  So she sits and waits and has me keep track of any movement on the property.  It is now March of 2008, April, May – the summer arrives and the unit Sally likes is still there.  Fall approaches and it seems that a new agency has changed hands and the property coincidentially comes over to Warburg Realty.  This is good news for Sally or so she thinks since her broker (that would be me) is also with Warburg……………