We finally finally received the news: the city has agreed to a partial release of the lien and we should now be able to close on the Ugly Duckling on or before January 28th, 2011.
And there was much rejoicing in the house!
No, we aren't holding our breath (just skipping and squealing a little bit) because if we have learned anything throughout this entire house hunting adventure is that anything can happen anytime. I'm still signed up for an MLS mailer and keep a close eye on any movement on the market in our neighborhood. You never know ...
I'm not sure how much comfort it is for you out there still at the beginning of a house hunt or maybe even just toying with the thought of maybe someday buying your own home that our real estate agent assured me that we "got to see it all" so far and that she feels sorry for all the hassle we've been going through (fortunately with her by our side - I'm sure I'd have lost it entirely by now if it weren't for her levelheaded assurances and advice). HGTV certainly shows this whole process in a very rose-colored light (or would that be Honeysuckle for those paint aficionados?) and these days I have a hard time watching "House Hunters" without resorting to cat calls, snorts and snarky comments aimed at the screen peanut-gallery-style.
I can only imagine the reactions if we'd tried to wait out the seller's response over a cup of coffee at "Three Layers", the bestest place for a cup of coffee and some wicked good pie (or a glass of wine) in the 'hood. Heh, they'd be charging us rent by now!
Anyways, the later the evening, the longer my sentences so that's it for tonight! If all goes well I'll finally get to show off the Ugly Duckling in all its filthy, dirty, neglected glory in a little more than a week and get started on those "before" and "after" shots!
I'm done waiting - Are we there yet?
Showing posts with label lien. Show all posts
Showing posts with label lien. Show all posts
Thursday, January 20, 2011
Wednesday, January 19, 2011
Running circles
"Holding pattern" is the new black this season.
Sorry I haven't been blog-productive these past couple of days but the rainy grey [greige?] weather combined with the endless waiting game had me in a real slump this weekend. I spent lots of it on the couch, my nose buried in a book and my free hand balancing a cup of tea in my beautiful beautiful Oresund mug [I love it! It fits perfectly into the curve of your hands and I adore the blue color with the speckled rustic white and happy yellow] or playing boardgames with my 2 men.
So, what's new in the house buying business?
Not much, unfortunately. Today we finalized our home owner's insurance. I know, how exciting! We went with yet another neighborhood recommendation and weren't let down at all. Our insurance guy was incredibly helpful and very very quick to respond to our questions and requests throughout the entire process.
No news from the city yet.
9 days until closing ... theoretically. Keep your fingers crossed for us!
Sorry I haven't been blog-productive these past couple of days but the rainy grey [greige?] weather combined with the endless waiting game had me in a real slump this weekend. I spent lots of it on the couch, my nose buried in a book and my free hand balancing a cup of tea in my beautiful beautiful Oresund mug [I love it! It fits perfectly into the curve of your hands and I adore the blue color with the speckled rustic white and happy yellow] or playing boardgames with my 2 men.
So, what's new in the house buying business?
Not much, unfortunately. Today we finalized our home owner's insurance. I know, how exciting! We went with yet another neighborhood recommendation and weren't let down at all. Our insurance guy was incredibly helpful and very very quick to respond to our questions and requests throughout the entire process.
No news from the city yet.
9 days until closing ... theoretically. Keep your fingers crossed for us!
Wednesday, January 12, 2011
Not much else is new
If you thought waiting for Christmas was bad, you have never had to wait for your closing date. It's grating on my nerves, it's making me itch and twitch and I'm starting to leave a circle-shaped path in our livingroom rug near the phone from running cirles waiting for -the- call.
To no avail.
We'[re still up in the air while the city is taking their time with the partial release of the lien without which we can't progress. We're now tentatively scheduled for closing on the 28th of January and I'll be sure to keep you uptodate on any developments in that regard.
Speaking of updates and developments, the bank came back with a rather generous replacement value for the stolen compressors and furnace and will adjust the purchase price accordingly. Wow! If we wait any longer and have any more mishaps along the way, we might get the house for free ...
To no avail.
We'[re still up in the air while the city is taking their time with the partial release of the lien without which we can't progress. We're now tentatively scheduled for closing on the 28th of January and I'll be sure to keep you uptodate on any developments in that regard.
Speaking of updates and developments, the bank came back with a rather generous replacement value for the stolen compressors and furnace and will adjust the purchase price accordingly. Wow! If we wait any longer and have any more mishaps along the way, we might get the house for free ...
Wednesday, January 5, 2011
Lien on me
Remember that lien thing I mentioned in passing in this post?
Our city has some weird regulations when it comes to liens, it seems. (Although if you ask me it's less of a weird lien regulation thing, than a simple screw-up in a city department. None of the paperwork we looked at makes sense) This lien is actually not -for- our Ugly Duckling but for another property that at some point belonged to the same owner. Then that owner lost the Ugly Duckling in foreclosure and accumulated liens on the other property. Our city then happily slapped a shared tag on both properties - maybe to up their chances at one day getting their money? (And if that doesn't make any sense to you - join the club! I'm trying to follow the train of thought behind this but, boy, it escapes me entirely)
Yeah, well, and now that one's come back to bite us in our rear ends for a little longer because unfortunately you cannot close a deal on a property if there are any liens and/or back taxes on it. We have filed for a partial release but both our bank and our real estate agent recommended we push back our closing date a bit to give the city a bit more time to respond.
Grrrr ...
Our city has some weird regulations when it comes to liens, it seems. (Although if you ask me it's less of a weird lien regulation thing, than a simple screw-up in a city department. None of the paperwork we looked at makes sense) This lien is actually not -for- our Ugly Duckling but for another property that at some point belonged to the same owner. Then that owner lost the Ugly Duckling in foreclosure and accumulated liens on the other property. Our city then happily slapped a shared tag on both properties - maybe to up their chances at one day getting their money? (And if that doesn't make any sense to you - join the club! I'm trying to follow the train of thought behind this but, boy, it escapes me entirely)
Yeah, well, and now that one's come back to bite us in our rear ends for a little longer because unfortunately you cannot close a deal on a property if there are any liens and/or back taxes on it. We have filed for a partial release but both our bank and our real estate agent recommended we push back our closing date a bit to give the city a bit more time to respond.
Grrrr ...
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