DW Community Catch-up Thread
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FyodorAugust 4, 2020 at 10:29 am #926445
Not that it’s my business, but I think that this is the smarter way to go. If you get married ownership will be sorted out by your state’s marriage laws. If you don’t better to not have to deal with selling a place that’s jointly owned. Also, congratulations!
August 4, 2020 at 10:37 am #926462@copa.. yeah it’s easy to do a quit deed to get on the title if you do marry. Mortgage is a little different, but can be sorted out of course.. HOW you are listed as owners is important though, so be sure (ya know.. if what it seems like will happen, happens) to have a real estate attorney advise you.
August 5, 2020 at 3:23 pm #929961My sister and her husband put their house on the market in early July and it sold within 24 hours! Their other house is being built and isn’t ready until next month so they’ve had to stay with our brother and his fam.
So…it can happen! I hope it sells fast for you guys @Copa!
Wow! That’s very fast! Homes seem to be selling quickly here, too, but because I would’ve never jumped at the chance to buy his place — I certainly like it, but don’t love it for reasons I’m sure I’ve already shared — it’s hard for me to imagine anyone else doing so. But they might!
In June, we saw condo a few buildings down from BG’s out of sheer curiosity. It was a beautiful home but the realtor thought it was priced too high. It sold in two days for about $15K over asking price. I don’t think we’ll have that kind of luck, but an offer within a couple weeks would be great. His realtor said that the early interest we’re seeing in the place is very positive, so that’s good. The place we liked and hope could be ours goes off the market temporarily starting tomorrow so we’ve got our fingers crossed that nobody else falls in love with it today!
August 5, 2020 at 4:06 pm #930045Crossing my fingers for you, Copa!
We actually have an inspection on Friday on a home a few blocks from where we are currently at. It’s… exciting and terrifying!
@Copa, when we bought our condo three years ago, places would only be on the market for like two days. We’d see first day on the market. Put in an offer, usually $5k to 10k over asking or something. We’d then put in a best and final. And then lose. IT WAS INSANE. There were a couple all cash offers in there when we lost.
When we saw the place we ended up with, we fell in love with it. The layout, the size, the location and the three outdoor spaces were perfect. Our agent knew the selling agent and he worked out some kind of deal with her so we could get it. Thank god. I can’t remember the term, but basically whatever the highest offer was, we would put in a certain amount over up to so much. From my understanding, not a lot of agents
SO, BG just heard from his realtor. He got an offer! I’m honestly stunned. It’s on the lower side, so I guess now he’ll discuss with his realtor if he should accept or negotiate or what. He has the lowest price he’d accept in his mind so I think if he can get them to meet him there… things just got real!
ETA: @Ktfran That’s honestly pretty nuts. I didn’t really want to see the unit I ended up loving. It’s on Ashland, and I’ve always been on quiet, tree-lined streets, and we’d already seen one unimpressive unit in a nearly identical building like three doors down (unsure if they’re all part of the same HOA, but floorplans are all the same). But no, I loved it. Top floor, great natural light, three outdoor spaces, close to transit, close to Southport Corridor and Roscoe Village. I so surprised it hadn’t been scooped up. The realtor said it’s very dated for the asking price, but BG and I both live in 100+-year-old residences so we had no clue — we’re both used to dated, I guess, so we thought it looked modern enough. Like I knew looking around there would be a few cosmetic updates I’d want to make, but they weren’t deal breakers to me. Anyway, I shouldn’t have fallen in love with property but I did. And that’s my love story with it.
Woohoo!!! Congrats @copa. And good luck.
I spent my first 10 years on Ashland right at Grace and I loved it. I love where we live now too, although I sometimes miss the old neighborhood.
We’re right on the West Town/West Loop border. Up north, I was basically on the Lakeview/North town border.
Oddly enough, I didn’t even want to look at the place we bought. I didn’t like that it wasn’t top floor and I was being kind of shitty about checking it out. Then I saw it. And loved it. I mean, we now have a nine-foot dining room table!!!!
Since we’re hopefully here for the long haul, the husband said I could update the kitchen in five years. I’m two years away. It’s decent, but I want an upgrade since I spend so much time cooking. I CAN’T WAIT.
Heh, your old place is just a few blocks north of the one we like! I already like that area, but I’ve been in the same neighborhood the entire time I’ve lived here and it feels like home. I know I’d adjust, but I do feel sad to leave this area. Obviously nothing’s a done deal, but I’m getting excited and nervous all at once!
And just like that, the place is ours! BG’s, really. We celebrated last night with a little too much wine and I’m paying for it today. We’re both still shocked by how quickly things moved. His sold his condo and bought a new one in under a week. He closes on the place on September 15th, so tomorrow I have to call my leasing company to figure out what my options are/what the processes for subleasing or reletting are.
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