If you’ve been a real estate agent long enough, you will come across all kinds of different instances and reasons why a home is being sold.
For instance, a homeowner can become sick, frail or mentally incapable of looking after their home and sometimes, can no longer take proper care of themselves either.
This is where having a legal document called a “power of attorney” comes in. There are two types of power of attorney - one for personal care and another for property. Most of the time, one appoints a family member or close friend to be their attorney. What’s most important is that it’s someone who’s trusted since that person or persons will be making financial and health care decisions for you.
I received a call from John Tucciarone. He was the lawyer for a client named Catherine, who could no longer care for herself or her home. He told me to expect a call from her sister-in-law, Linda, who was Catherine’s power of attorney.
When Linda called, she explained that Catherine needed to move into a long term care home asap. Therefore, Linda needed to list and sell Catherine’s home. The problem, the home needed some TLC. Linda, who lives in the Maritimes, was concerned as she was so far away and would only be in Ontario for one week. I reassured her that my team and I will guide her through the process from Ontario. We started off by having my assistant, Ginette, send her a junk pick-up company, landscaper, painter, general contractor and moving company if she needed one.
Catherine’s home was listed in July and sold firm one week later. Since Catherine had moved into the long-term care home and the house was now vacant, I was a little concerned that the closing date was 3 months away. Arrangements were made to have someone drop by and check the house regularly for insurance purposes. Arrangements were also made to have the grass cut, etc.
A week before closing, the buyer’s agent asked for a 2-week extension. We granted the extension, but not before John asked for a further non-refundable deposit and that the buyers will have to pay the difference for utilities, property taxes and maintenance for those 2 extra weeks.
However, once the extension date came up, we found out the buyers still could not close. Even though we had non-refundable deposit in hand, that’s not what Linda wanted.
I had Ginette immediately re-list the home. I sold it again for over the asking price in just 12 days, this time with a short 28-day closing! It closed with no issues.
I’m not sure exactly what Catherine thought but Linda was absolutely ecstatic with the work my team and I did for them. As I tell my team all the time, when a deal sometimes goes sideways, it’s “opportunity time”! It’s a chance to use our expertise and experience to navigate any and all obstacles thrown at us and to get a positive outcome for our clients.
You can see what Linda had to say about working with the Brian Kondo team below.
In this ever-changing, day to day and unpredictable Real Estate market Brian Kondo managed to pull off a miracle, our home is sold! We are pleased with everything, especially the price we got!
We are beyond pleased with Brian's knowledge and services. He knows the Real Estate business and can meet any challenge thrown at him.
His many years of experience and ability to deal professionally with everyone in the business makes him the best choice if you are buying or selling your home.
I am so glad we put our trust in Brian, his hard work meant we could sit back and just let him do his thing.
Brian kept us up to date all the time and his positive and encouraging ways got us through this tough market.
I do not hesitate to recommend Brian and his Team. Special mention to Ginette, his Assistant who is the perfect back up for Brian's business.
Thanks Brian!
Linda (selling sister-in-law’s home at Ajax)
If you would like to find out more about “Power of Attorney” and how it applies to your own situation, please reach out by calling 905-683-7800 and ask for me, Brian Kondo.
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