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Home > Progress, and ... a too-good-to-be-true possibility?

Progress, and ... a too-good-to-be-true possibility?

July 12th, 2014 at 05:04 am

OK, the promissory note is almost sorted out, so we should be able to send to HUD Monday. They need about a week to review.

I found out, or rather probably was told and totally forgot, that the mortgage will actually be $7K more than I thought because of prepaying mortgage insurance. I don't get it, because it's not going to be $7K a year, but it's not worth worrying about. It brings the all-told price a bit above what it was listed for, but in light of the $85K more appraisal, it still feels like a good deal.

Today we made a lot of progress. NT put handles on most of the kitchen cabinets and AS painted the other closet door and the kids' room. Together they painted the bathroom; it will need one more coat but it's getting there. I did two coats in the kitchen and I think it's only going to need some slight touch-ups. AS put runners on the rocking chair so we can pull up the carpet squares.

Tomorrow morning NT will finish up the painting while we have the girls at swim class. Then it's haircuts and grocery shopping. Saturday evening/night we'll box up more stuff and move furniture into the hall for putting into the storage space. We'll use a carshare pickup truck for Sunday morning since we don't need a full moving van for this haul.

Now for the too-good-to-be-true part. Our realtor called tonight. She wanted to know if she could bring someone by to look at the place Monday, even though it's not officially on the market!

She has friends moving into town, and they've lived in this building before, so they're considering living here again. She said they'd understand if everything wasn't quite done; they've bought a place in really rough shape before and fixed it up, so they're not going to be turned off by imperfect staging.

So, um, wow! She's showing them the other 2-bedrooms as well, so I'm not getting my hopes up too much. But I've got my fingers crossed that our great layout and view will stand out in comparison to the others.

NT pointed out that if they made an offer that same day, we might have time to give the renters 45 days notice for a Sept. 1 move-in to the new place! That's far-fetched, but also exciting to contemplate!

8 Responses to “Progress, and ... a too-good-to-be-true possibility?”

  1. mamasita Says:
    1405159183

    It's a good sign if you are getting traffic already, best of luck

  2. scfr Says:
    1405170395

    "Not worrying about $7K" doesn't sound like you at all. I know how busy and overwhelmed you are but I think it's worth asking some questions and figuring out what it all means. Someone may have made a mistake.

  3. ceejay74 Says:
    1405174966

    He explained it to me. Said he explained it before. I don't get it, but it's not worth backing out of the deal over.

  4. creditcardfree Says:
    1405177074

    Sign of a good realtor who is already finding you potential buyers. Even without an offer, some feedback from them would be nice.

  5. My English Castle Says:
    1405181304

    Very good realtor indeed!

  6. snafu Says:
    1405181761

    It would be wonderful to have 1st viewer make an offer, here's hoping...I realize you are all so busy but I wonder if your realtor has developed a marketing plan for your condo. Who does she see as target market? Does she routinely make an effort to 'qualify' prospective buyers? Is it routinely used with the other agents she mostly works with? I mention this because we've had offers on homes we were selling only to discover the prospective buyer couldn't qualify for the mortgage terms and conditions they needed. It eats time to go 'Conditional,' others are reluctant to make an offer and it feels horrid!

    Each region has it's own system...perhaps ad with at least 8 photos, both on-line multiple listing and featured on her own e-page, realtor Caravan or Open House, 'X 'Open House for potential buyers/Looky Loos. [These are often agent's pursuit for clients but visitors often tell others about your terrific unit], newspaper print ads or whatever is popular in MN.

    ...just random thoughts

  7. Looking Forward Says:
    1405214108

    Sometimes a house never even gets to the "open" market - that is why a RE agent can be so helpful - finding those places that are not yet listed.
    *fingers crossed*

  8. Looking Forward Says:
    1405214198

    PS. you might get a refund at the end of closing because of the over payment. Smile

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