July 06, 2004
July 6
To add to our apartment woes, Adam heard mice noises in our kitchen a few nights ago and our fears were confirmed when two mice got caught in the traps he put out as a result. But, there is a potential silver lining in all this--as I mentioned in my last post, we started getting more serious about our co-op/condo search after the flooding incident and saw a spate of places last week. Most of them required too much down or didn't fit the bill as far as what we were looking for. But, on Friday, we saw a co-op that we really liked and the down payment was within our range. We made an offer the following morning--our first, in fact, and I jumped up and down excitedly when we were told by the real estate service we used that there was a good chance the co-op owners were going to accept our offer, that they just wanted to make sure we secured a mortgage first. We hadn't gotten pre-qualified for one at that point yet and quickly proceeded to do so but by the time the real estate service called the co-op owners back, they had already left and we were told we would probably have to wait until Monday to hear the outcome.
One of my big weaknesses is patience and having to wait until Monday seemed almost like a cruel exercise to me but I knew it was a holiday weekend and that there was nothing we could do about it. Monday finally rolled around and both Adam and I placed calls in to see if there was any news but the real estate service said they still hadn't heard back from the owners yet. We phoned in several times again today and the only information I recieved when this evening was that two other offers had been placed. Now I was really worried. What if we had been out-bid? What if the co-op owners decided they wanted to continue showing the co-op and hold out for a better offer? The real estate market in NYC is extremely competitive and, unfortunately, Adam and I are low on the totem pole of prospective buyers. As 8:00 inched closer (the closing time for the real estate office), I was beginning to resign myself to having to wait another day when my phone rang and we got the good news--the co-op owners had accepted our offer. I'm excited, of course, but this is just the first in many steps of purchasing and becoming the owner of a new home so no bubbly just yet--wish us luck..
Posted by Jennifer at July 6, 2004 08:59 PM
Comments
no bubbly yet, but congratulations! at least on getting this far, and knowing change will come at some point...
Posted by: meg at July 8, 2004 01:37 PM