Bela Amato
Agent | South Carolina
Here’s How Wedgewood Homes And This Charleston Agent Helped Homeowners Facing Foreclosure
Facing the time crunch of foreclosure, Wedgewood Homes helped North Charleston, South Carolina agent Bela Amato provide an exceptionally quick sale.
In real estate, there’s a saying you’ll see on contracts, contingencies, and offers: Time is of the essence. Real estate deals are complex, and their timelines are often tight. However, South Carolina agent Bela Amato recently found herself working with an unusually small window of opportunity to help a North Charleston family facing foreclosure.
Fortunately, Bela turned to Wedgewood Homes to create a plan that allowed her clients to save their home from foreclosure and “salvage a little bit of savings as well,” she said. When timing is everything, you can trust Wedgewood Homes to handle all of the details, even under a time crunch.
"It's another great cause that my work with Wedgewood allows me to support," Bela said.
“They were running out of time”
A South Carolina family found themselves in a challenging situation, struggling to make their mortgage payments and falling further and further behind. They had listed their home on the MLS, hoping that a timely traditional sale would help them avoid foreclosure.
However, the same financial difficulties that had made it hard for the homeowners to keep up with their monthly payments had also meant deferred maintenance and less money for updates and upgrades designed to appeal to buyers in their market. Long story short, their home needed some work, making it less appealing to buyers who were looking for a move-in-ready purchase.
In addition, the homeowners needed to find a buyer who was ready to move forward — and close quickly. When buyers pulled out of a contract at the last minute with the home scheduled for auction within days, and with it, the threat of losing all equity that had been earned -- that’s when Wedgewood Homes stepped in.
“Wedgewood Homes saved [these sellers] from foreclosure, and they were able to pull the home from the auction. Wedgewood was able to provide a contract and send earnest money quickly,” Bela said.
In the meantime, Bela was able to speak to the judge and attorney and pull the North Charleston home from the auction floor.
“The timing of the offer was perfect,” she said. “Wedgewood was able to ratify the contract on a Friday, and the sale was scheduled for that next Tuesday. It was a tight window with many phone calls and jumping through hoops, but Wedgewood got it done!”
Working with Wedgewood Homes was a game-changer in Bella's ability to complete a quick sale. “These sellers had been distraught, and they were extremely thankful that they were able to make the sale happen and salvage some of their equity before going to foreclosure.”
Why work with Wedgewood Homes
Bela loves working with Wedgewood Homes and is thankful for the services they provide. “Every single person I work with at Wedgewood is awesome. They’re extremely responsive and make my job easier.” If she had to rate them, Bela said she’d give “11 out of 10 stars!”
Bela works throughout South Carolina’s Tristate region, and her favorite clients to work with are first-time home buyers. “They are always super thankful and excited. I love to see their smiles once they close on the house and have keys in hand,” she said.
“I love what I do and can’t imagine doing anything else,” Bela said. I’m grateful to be able to help on the listings side and am looking forward to even more success with Wedgewood Homes in the years to come!”
Not all listings are market-ready, either due to condition or financial factors, and listing agents need to be able to provide options for their clients. A cash offer from Wedgewood Homes provides an “easy and helpful” solution for the homeowners Bela works with. “There aren’t any inspections, repairs, contingencies, loans or appraisals needed in the transaction,” she said. “In this market, my clients are still able to be successful.”
Beyond the professional perks of working with Wedgewood Homes, Bela is able to support her community through her work with Wedgewood Homes. As a “huge animal lover,” Bela is always raising money and helping out at her local shelter. For every home she sells, she gives a $50 donation. This year, through her work with Wedgewood Homes, she was able to raise $1700 to help animals in need in her area.
“It’s another great cause that my work with Wedgewood allows me to support,” Bela said.