Page 16 - Stuart Exposure - July '21

Page 16, Stuart Exposure

real estate

Treasure Coast friend back to see if there was a mistake, as she knew of a In the meantime, thinking their home is sold, the overjoyed

Real Estate Report sale for about the same price as she had accepted. In fact, the sellers put in an offer on another home. Then, as both deals
near closing, the sellers discover that their home appraised for
buyers even mentioned the sales price of that home when they
Sellers Need To Use Caution made their offer. less than the inflated agreed upon price.
When Accepting An Offer I’ll be charitable and say that the buyers did not know that At that point they are often faced with either lowering the
the sale, that they used as an example to justify their offer, sales price, or cancelling both sales.
By Jim Weix needed a new 85-foot concrete seawall, a new roof, and hadn’t Jim Weix is a broker associate with The Keyes Company.
An acquaintance of mine been updated in 30 years. The seller didn’t know that either. Jim has 24 years of experience selling real estate full time.
was considering selling her Another issue has been buyers making an offer well over If you have questions or want the services of an experienced
ocean access waterfront the asking price. This can be a problem if the buyer is getting expert, you can reach Jim at (772) 341-2941 or jimweix@
home. She planned on listing financing or has an appraisal contingency in their offer. jimweix.com.
it with a close Realtor friend
of hers, but as an experiment theatre happeNiNgs
she placed a For Sale sign
in her yard. She was curious
to see what would happen. Summer Musical
Within two hours a couple
called her and asked if they Extravaganza Hits The Barn
could see the home!
After viewing the home, the couple said that they wanted Theatre Stage
to buy it. They all sat down with her at the kitchen table and
together they filled out a sales contract that the buyers had Legally Blonde, July 15 To Aug. 1
gotten from a Realtor friend of theirs.
She thought it was a dream come true. They offered what The Tony Award
she thought was a great price and even directly gave her a nominated musical
nonrefundable $20,000 earnest money deposit check. It was comedy, Legally
a cash deal, with no inspections, and they said they could Blonde, will rock The
close in two weeks. Barn Theatre stage with
However, she told them that she didn’t think that she could unforgettable music peers, professors, and her ex. With the support of new
buy another home that quickly. No problem they said. She and choreography this friends, though, she quickly realizes her potential and
could rent it back from them at a really great rent for three summer, from July sets out to prove herself to the world. And, oh, you will
months. It was a perfect situation. 15 to Aug. 1. Action- love our two energy packed doggie characters, Rufus and
After everything was signed and she deposited the check, packed and exploding Bruiser.
she began to feel guilty about not listing it with her friend. She with memorable songs Tickets are now on sale. We are sure to sell out so
called to explain this unusual situation and apologize. and dynamic dances, don’t wait to get your tickets. Only $35. Group and
Her Realtor friend took it in stride and explained that she you’ll make your way student discounts are available. For tickets and/or more
had just completed a comparable market analysis and had to Harvard Law School where you will meet our zany information, call the box office at (772) 287-4884 or visit
emailed it over to her. She again apologized and said that she characters. Elle Woods appears to have it all. But her The Barn’s website at www.barn-theatre.com.
would look at it. Things went downhill from there. life is turned upside down when her boyfriend, Warner, The Barn Theatre is a nonprofit community theater.
Her Realtor friend’s comparable market analysis showed dumps her so he can attend Harvard Law. Determined to Your donations would be much appreciated and may be
that other homes like hers were selling for $125,000 more than get him back, Elle ingeniously charms her way into the tax deductible.
the offer that she had just accepted. She called her Realtor prestigious law school. While there, she struggles with COVID measures are in place.

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