Lately I've been looking into getting a condo. Unsure if that was a possibility right now but I decided it was worth a try to at least see where I am at.
Many of the condos in the area that I can afford are real fixer uppers, which I was not too thrilled about. Then on Friday my real estate agent sent me the below condo. I went and saw it right away and totally fell in love. There would be nothing that I would want to change about the interior of this place.
However, the process is difficult. It is a short sale, meaning that the owner is defaulting on their loan, so the offer has to be accepted by the bank, not just the person who lives in the condo. We submitted an offer on Friday night. The person defaulting on the loan accepted the offer, and it will now be sent to the bank. This is where the frustration comes in. The bank can take months to make their decision on whether or not to accept your offer. Those of you who know me well know that patients is not one of my strong points. So this is trying for me.
My real estate agent said that in a few days the bank should give us a time line of when they will get back to us. So I should know later this week. I'll keep you all updated.
I'm trying not to get too excited just in case they don't accept my offer, but seriously, look at this place! How could I not be excited about the possibility!?