A Little Bit of This & That

The Random Things We Love to Make and Do

BIG NEWS!!!!!! October 7, 2013

Filed under: My Home — Lizz @ 8:00 am
Tags:

It only took 136 days, over 250 emails, lots of extra $$ at the last minute, hours of online research, multiple moments of questioning my sanity, and a whole slew of the most amazing helpful people I’ve ever met, but it’s official….

.

I’M A HOMEOWNER!!!!!!

.

And by homeowner, I mean condo owner.  Tiny condo owner.  But hey, it’s 650 square feet of all mine!!

.

This was a unique purchase for so many reasons:

  1. I have lived in the building for the past 3.5 years.  My rented apartment and the new condo are laid out exactly the same, with the exception of being a mirror image of each other, so I have been able to spatially plan for months.  The biggest difference is that the rented apartment was fully upgraded (Cherry wood cabinets, granite, tons of cabinets, etc.), while the new condo is going to need some serious sprucing up.  I never saw myself buying a condo, but I love the neighborhood, my building, and especially my neighbors.  The thought of leaving made me sad, so now I’ll stay. Forever.  Or for 30 years when my mortgage is up.  I’ll play it by ear.
  2. I didn’t use a realtor.  Because I already lived there, I was in the know about this condo going into foreclosure.  Before there was even a sign posted, I had already called the bank and expressed my interest.  I already had a mortgage broker and a real estate attorney lined up, and they were soooooooo helpful in answering all of my Property Virgin questions.  This was great because it saved everyone a ton of money, but unless you’ve got all of this going for you I would say hire someone to help you because this is some confusing stuff.
  3. This was a foreclosure that wasn’t a foreclosure.  The bank had a holding company that technically purchased the property from the bank first.  Since I came in so quickly, I had to wait around for all that legal junk to go through (including the judge recusing himself from the case approving the sale, which set us back almost 2 months!)  I also learned a lot, like that condo sales require some extra steps like getting approval from the association and having to pay the previous tenants unpaid association fees.
  4. My mortgage kept getting blocked by all sorts of weird regulations, and I learned one very important lesson: Money Talks!  As I put more toward the down payment, the regulations all sort of floated away.  Like magic….
  5. Even though my new and old places are the same size, I have WWWAAAAYYYYYYYY too much stuff for the new place.  Now that everything is out of their nooks, crannies, and hidey-holes, it’s glaringly obvious that it’s time to make some donations.

.

So now here I am, sitting in a jungle of half emptied boxes, bins, and baskets, without being able to find anything I need (where the HECK are my shoes?!), and wondering if this was actually a good idea.

.

Yes. Yes it was.

.

Not only do I finally get to knock down a wall (Woohoo!), decorate in my own personal style, and actually get to call this place my own, but I also get to add a whole bunch of new elements to our This & That repertoire!  So hold onto your hats as I start adding in all the little DIY projects (and WHOA do I have a ton!) that are going to make this condo our home.

.

Plus, how many people in condos/apartments can say they have this view from their living room?

.

image

.

Yup, that’s a river.  In suburbia.

.

I am so looking forward to sharing this new chapter of my life with all of you! So while I’m here, dealing with rainy day leaks and exploding lightbulbs (yeah…), do any of you experienced homeowners have any good tips or suggestions to share with me?

.

With love and excitement,

Lizz

Advertisements