Monday, February 8, 2010

It's a sign...I'm telling you, it's a sign

On Friday I retracted the offer I had in on a condo.  When you are buying a condo you get a shit load of paperwork on the HOA and their financial positions, rules, regulations etc.  It's called their Resale Certificate.  It was almost 200 pages of eye crossing put you to sleep reading.

Me being me, I'm all into the details and did my due diligence and saw some stuff I don't like.  Particularly a 30% increase in the HOA dues and still not enough will be in their reserve funds to cover the maintenance that will be required in the next 2-3 years. (It's a late 70's building).  

So buy buy offer.  I was not comfortable with what I saw.

BUT BUT BUT...  here is where "the sign" comes in.

On the exact same day I took my other offer off the table, this unit came back on the market.  *yay me* They had an open house on Saturday so I went to take a look.   The issue with this one turns out to be some lack of storage.  The storage on thet deck is maybe 1/2 of what I have not and there is no storage in the laundry closet (just big enough for a stackable units) and only an ity bity coat closet.   In exchange for that lack of storage, I gain a 3/4 bath.   So some give & take and it would be a very sweet deal if I can get it down to the top of my price range.

Making an offer today. Wish me luck!

3 comments:

Danielle said...

Good Luck! Crossing my fingers for you!

Crazy Shenanigans said...

I hope you can get the price to be what you want! Good luck!

T said...

Absolutely good luck!