I might be broke tomorrow UPDATE
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I might be broke tomorrow UPDATE
| Sun, 07-13-2008 - 8:01pm |
OK girls I did it! I put in the offer. It is a lot of money and the difficulty is that as it stands I would have some savings left but only about 4 months salary and then IRAS and that is with my Dad's help which I am going to take him up on. I feel slightly vulnerable taking help from him. It has been literally 15 years since I asked him for money for anything so it feels weird but he is being very insistent and wants me to have a safety net.
I guess I will have a response to the offer tomorrow at some point although I dont know - sometimes it takes longer? I know she was calling the realtor as I left the house to let him know I had submitted the offer but I dont know that he was around to receive it. Anyhow, if he wants to go up any more I will be dipping into those savings. Not sure how I feel about that but I know it makes me feel shaky.
Luckliy the mortgage is only 500 more than rent and that is actually just fine with us. We have been renting for 3 years in this 2 bedroom in a very expensive part of town so thats why there isnt much difference. It isnt like we are going twice as much which is what I did when I bought my first house after renting a one bedroom for a few years. So we will still be able to save a few thousand at least every month to replenish savings or to help fix up each month. I have thought about that and think we will be fine as long as we are careful. Also I cranked the numbers and I could actually buy and afford the house on my own even if something happened to SYB and I. and I dont even like writing it so you can imagine how it felt to think it through.
The two other houses I saw were nothing to sniff at compared to this one but mostly that is about style. They all need some work I guess and it is clear I am going to paying about the price I am offering to get the space I need in the neighborhood I like along with getting it livable and planning reno down the road. I just loved the period built ins etc in the one I made the offer for. It just made me feel good and I honestly think it reminds me of Paris or Europe and I did live there five years so that makes sense. I also thought today long and hard about the fact that when I bought my second home years ago after the separation/divorce I bought in a lesser neighborhood to save money and it was a new townhome in a community, very plain and simple. The house was safe and solid but it did nothing for me spiritually. And since I work at home I think that is an issue for me. I moved to the city partially because I need more action around me and stimulation. It helps me work and feel good. So I think the house has to have these things about it too and the one I bid on tonight does so that is great.
And I figure if this one doesnt work out, at least I am getting more and more a sense of what I want and need!
So - sorry to drag this on but throw more good wishes my way. I need every single one of them and I have a feeling tomorrow might be a big day over here!
I guess I will have a response to the offer tomorrow at some point although I dont know - sometimes it takes longer? I know she was calling the realtor as I left the house to let him know I had submitted the offer but I dont know that he was around to receive it. Anyhow, if he wants to go up any more I will be dipping into those savings. Not sure how I feel about that but I know it makes me feel shaky.
Luckliy the mortgage is only 500 more than rent and that is actually just fine with us. We have been renting for 3 years in this 2 bedroom in a very expensive part of town so thats why there isnt much difference. It isnt like we are going twice as much which is what I did when I bought my first house after renting a one bedroom for a few years. So we will still be able to save a few thousand at least every month to replenish savings or to help fix up each month. I have thought about that and think we will be fine as long as we are careful. Also I cranked the numbers and I could actually buy and afford the house on my own even if something happened to SYB and I. and I dont even like writing it so you can imagine how it felt to think it through.
The two other houses I saw were nothing to sniff at compared to this one but mostly that is about style. They all need some work I guess and it is clear I am going to paying about the price I am offering to get the space I need in the neighborhood I like along with getting it livable and planning reno down the road. I just loved the period built ins etc in the one I made the offer for. It just made me feel good and I honestly think it reminds me of Paris or Europe and I did live there five years so that makes sense. I also thought today long and hard about the fact that when I bought my second home years ago after the separation/divorce I bought in a lesser neighborhood to save money and it was a new townhome in a community, very plain and simple. The house was safe and solid but it did nothing for me spiritually. And since I work at home I think that is an issue for me. I moved to the city partially because I need more action around me and stimulation. It helps me work and feel good. So I think the house has to have these things about it too and the one I bid on tonight does so that is great.
And I figure if this one doesnt work out, at least I am getting more and more a sense of what I want and need!
So - sorry to drag this on but throw more good wishes my way. I need every single one of them and I have a feeling tomorrow might be a big day over here!



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So, I talked to my agent's assistant again and she said she did reach the other agent and she said the owner hadnt responded yet. I asked her to call him back and ask him exactly what HAD the owner signed off on and what if any of this was supposition on his part based on offers that have come in prior. I told her to ask him this because I have seen nothing in writing from the seller to this date so I have no way of knowing whether the two agents are trying to second guess things to a good ending on their own or whether the seller is considering things as well. I am glad I asked her to do that because she just called me back and let me know that the seller DID agree verbally to what I heard yesterday but he HAS NOT heard my counter which I put in yesterday at about 4PM. So the sellers agent has not conveyed my response and counter bid to him - and here I am wondering why I havent heard anything today. The sellers agent said he wanted to talk to him about it rather than leave it in a message and that is why he has no answer. He said he would be trying to reach him tonight directly so that they can discuss it and reiterated that he is difficult and that he deals with him with kid gloves. You can imagien the picture I have in my head of this guy by now. Anyhow, I am glad he wants to pitch my counter bid to him in person or on the phone directly rather than by email or a phone message because it shows he wants to try and convince him and thinks there is a better chance if he can talk with him about it. So hopefully we will know something by tomorrow. GOD I hope so because even I am getting worn out by my own emotions and so I cant imagine how exasperating it must be to read over and over again. Also I am sure we can all be relieved that SYB is back in town tomorrow. So he can handle me - literally. That might help! Hell it cant hurt!
Wow City - listen to Soonee - she really knows her stuff with this real estate sale info - I am learning so much from this thread.
My internet connection is down until tomorrow - am on dialup without images - LOL!! - but checking in on you just the same.
Sending positive thoughts and best wishes that it all turns out good!!
Hang in there, girl!!!
Sorry, I've been swamped with work for days and it's been hard to check in. But I think you will hear something this weekend. I just feel it!!!! You so deseve this! I can't wait till this happens for you.
Still crossing fingers :o)
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