Wednesday, February 27, 2013

First Offer

So, I don't know how these meetings are supposed to go, but this one was not an immediate success.

It turns out that the sellers bought another place at the University on paper, and it won't be finished until September 2014, at the earliest.  The realtor, E, asked us if we'd be willing to move into a bigger apartment (the one we have is way too small for us and a baby who is learning to walk) for a year and then move, but I refused.  Moving is extremely stressful for me and I'm sick of living in badly made apartments with leaky windows, mold and noisy neighbors from all directions.
It also seems like they expected to get their asking price.  We offered to go up a little bit and the fact is, we have approval from the bank.  If I wanted to, I could write a check as soon as I brought the down payment over from the US.  In theory, we're a safe bet - if you're serious about selling.
They also tried telling us that they had sunk themselves into debt to redo this house, but IMO, while that's something I would deal with as a Paamonim advisor, as a potential buyer, I don't really care. I feel bad for them, but still need a place to live and have a budget.
It seems to me that they need the money now to cover their debt and the new house, but don't want to move for another 18 mos, at least.

E didn't seem too disappointed by the meeting.  E said they should sleep on it and he told me he would be in touch hopefully this or next week.

In the meantime, I am getting in touch with other realtors.


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