When The Truth is Found....

Hey Friends...

It's been a long time since I was able to write anything because I was so absorbed/preoccupied with this short sale (5+ months) that I was working on. I am pleased to announce that I am closing this deal! I cannot go into all the details of this deal because it is extremely sensitive, but I will tell you that I was tenacious and I got this home for my clients! I got this deal despite the listing agent causing trouble with the banks and despite whatever untruths that I will probably never know of, but am convinced were told during this process, from the beginning. "When the truth is found...to be lies."** Are you with me so far?

I also owe you an explanation about switching brokerages, but some things may also be sensitive. I quit Prudential after only 6 months. When I signed on with them in San Marino on Huntington Drive the manager never told me they were moving to Pasadena the next month. I even told the manager that I chose that office because it was on Huntington Drive close to my son's school. He already knew of the move to Pasadena, but did not say a word. I understand from the business aspect, but from a family aspect, that stinks!" ....and all the joy within you dies....."** following me?

I signed with Coldwell Banker in August back in good ol' San Marino. I will say this, I am extremely pleased with my new broker, the office, the location...etcetera, etcetera.

I have truly been initiated by this short sale being my first deal and with my father being a retired real estate attorney and an active broker in his spare time I have been blessed with knowledge, information, and wisdom.

This is short and sweet (unlike the short sale which is actually long and bitter). I made the best move of my life to be with Coldwell Banker. My broker, Gary Fleishman, has been so encouraging and such a positive influence in my life and we have barely met! He is focused on family and business.

"...Don't you want somebody to love....don't you need somebody to love, wouldn't you love somebody to love, you better find somebody to love!"**

**Jefferson Airplane (1967 'twas a good year!)

He's the best. That's why he's the boss.

For now,

Melody:)



P.S. My clients have stuck with me to the end because I have not disappointed them!

These Times They Are a-Changing...

How many of you have felt the crunch of the banks the past few months? I certainly have. And in a not so fun way.

I have been working on a short sale for four months now and the first lender is Indy Mac. If you watch the stock market you can roll your eyes along with me at the thought of what is happening to our economy. The interesting thing is that we have been waiting and waiting for word from the bank or anything just to let us know that we still exist and on the day the announcement was made that the FDIC is in control of Indy Mac (Indy Mac is in receivership) the listing agent actually got a phone call from Indy Mac! The phone call was initiated from their end!

Everybody is asking me what does this all mean? The answer is, I don't know. I'm hoping that Indy Mac will see that they need to get some money in pretty quickly so they will start getting their bodies in gear and accepting these offers that have been sitting on the table for months. If I was a manager there I would tell my people to bring in the money.

So, with my amateur prognosis, I am hoping that soon Indy Mac will accept our offer and push us into escrow to close this deal. Unfortunately it seems that it is too late to save Indy Mac. I drive by the headquarters of Indy Mac every day on my way to the office in Pasadena. It is not a happy day when we see our banks folding like chairs. But, if you want to know what is going on you can visit the site www.lenderimplode.com and I'm not promising you will feel any better, you may have to turn away at times, but it's the bare reality of what is happening. I believe it says 266 banks have 'imploded.'

In my company at Prudential we have an in-house lender who is an expert in the financial field. I defer my judgement to him and trust that we will all get through these strange times...because folks, these times, they are a-changing...

Good Luck out there!