Offer UN-leashed! The 39-hour closing!

It certainly was an offer UN-leashed!  This was the fastest closing in my 30 years of residential real estate.  The home I listed in Mountain View in the Gemello Park neighborhood, came on at a price of $1,295,000 on a Friday morning.  I held it open over the weekend on Saturday and Sunday with big crowds both days.  We asked for all offers to be delivered by 2pm on Wednesday.  There were 5 offers which were received.  All of the offers were very good but the best one was an “all-cash” offer, the highest price offered at $1,465,000 and to top it off, a 2 day close of escrow!
Fortunately, I had prepared my seller that this could happen so we made sure everything the escrow/title company needed was there in place, i.e. the loan payoff, the seller’s trust information etc.  Sure enough, the offer was accepted at 6:00pm on Wednesday, sign-off at escrow was at 10:00am on Thursday and by 9:00am on Friday, 39 hours later, the sale was closed.  UN-believable!

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