12 July 2007 - 6:53 pm

Well, there was a little drama during the week, the sellers asked for another 48 hours to contemplate my offer, and were being exceedingly mysterious about it, I started thinking maybe there was another offer? But my realtor said no, they were acting as if it were a multi-million dollar deal and were haggling. But mostly the haggling seemed to be going on at their end, amongst themselves.

There are two parties on the selling end involved, the present owners, Mother and Daughter, and the previous owner to them, who still has a note outstanding on the unit. So the downpayment needs to go to the Mother and Daughter, while I sign on to pay the former, former owner and take over his note. So suddenly the down decreases, and the note amount increases, was the final resolution, after having asked could I kick in another $1,700 for the escrow payment? I said no, my realtor said no because what's the difference, they get the money at the end of escrow, and whether I put in more at the beginning or not, it all gets tied up in escrow anyway.

Some paperwork got sent my way yesterday, that was my signing their counteroffer and addendum, then they need to initial one more thing their realtor added on the addendum after they had already signed it, and now we are about to move into escrow.

We believe.

We don't actually know, because they have absolutely all the paperwork at this point.

Soon, and everything is in process.

I now need to find an inspector to represent my interests and find anything that is a noteworthy (an undisclosed defect) that should make me run away. This is the nerve wracking part, because I don't really want to find anything wrong with it. I want to move. I have started to think about what I need to do to move. Everything is going that direction, to move by the end of August.

So now there is a little more nail-biting, and planning.

It seems a little more real now, though I still only have a fax of a fax of a copy of some part of the agreement, but hey! that's what I have at this point. I can clutch that piece of paper, and know it is real.

 

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