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Thread: Smallest Space Lived in Happily

  1. #151
    Senior Member Teacher Terry's Avatar
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    Well time for a bad news update. When I bought the condo I knew that they had raised the dues on 1/1 from 438 to 608/month but it stated all utilities were included. So I decided that was fine. I knew I could review the HOA documents and I asked my agent to confirm in writing with the HOA that utilities were included. It took 2 weeks to get a answer but they aren’t. The units use 2 boilers and was originally a hotel so it made sense for utilities to be included. Turns out that they hire a company to meter and bill each unit. My realtor asked the seller’s agent why the information was wrong. He said it’s what the seller told him. I am out the 350 I paid for the inspection and intend to see what recourse I have to get that from the seller or her agent.

    Now I am back to square one. My ex doesn’t care how long I stay. I am back to cooking and he went grocery shopping and is doing both our other errands like usual. Good thing we are getting along. I know something that I want will come along. 2 nice ones in a area that I like will be on the market on the 12th.

  2. #152
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    Darn, Terry, that is too bad, but good for you for figuring it out upfront!

  3. #153
    Senior Member catherine's Avatar
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    Oh, no. I'm so sorry, Terry. Sometimes things like that mean the Universe is setting you up for something even better..
    "Do any human beings ever realize life while they live it--every, every minute?" Emily Webb, Our Town
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  4. #154
    Senior Member iris lilies's Avatar
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    This is awful news! And that condo fee without utilities is high. I suppose that’s because you have a rooftop pool... pool maintenance is expensive.

    For the purchase of my condo they sent me the 40 page document describing condo rules, covenants, finances, etc. the day before closing and they had more than a month to send it.

    Legally I had five days to review the document before the closing, but I zipped through it because the main thing I wanted to see was the pet policy which I had already seen in an informal document which was satisfactory to me because I knew there are lots of dogs in the condo I just wanted to see if there was a size limit and a number limit.

  5. #155
    Senior Member Tradd's Avatar
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    Terry, sorry to hear.

  6. #156
    Senior Member razz's Avatar
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    That is why more units were for sale in the building. Wow!
    I figure that every time something like this disappointment happens, it is teaching me something that I need to know to protect myself. That $300 inspection fee is not a bad tuition cost for helping prevent a major problem on a several hundred thousand dollars investment like a condo.
    Bet the realtor is shocked and disappointed as well.
    As Cicero said, “Gratitude is not only the greatest of virtues, but the parent of all the others.”

  7. #157
    Senior Member iris lilies's Avatar
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    Quote Originally Posted by razz View Post
    That is why more units were for sale in the building. Wow!
    I figure that every time something like this disappointment happens, it is teaching me something that I need to know to protect myself. That $300 inspection fee is not a bad tuition cost for helping prevent a major problem on a several hundred thousand dollars investment like a condo.
    Bet the realtor is shocked and disappointed as well.
    For lying on the listing form, and that is a pretty big error tho likely not deliberate, someone owes TT her inspection money back.

    Agreed that the listing agent is probably pretty annoyed with her client.

  8. #158
    Senior Member jp1's Avatar
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    Well shoot. What a bummer. But there’s always other places.

    For what it’s worth I’m glad we didn’t get the first place we made an offer on. I’m sure it would have been fine and we knew the issues upfront. But the place we got doesn’t have any of those issues, was cheaper, and has an equally nice, although not waterfront, view. And I suppose it’s just as well that we won’t be buying a boat anytime soon.

    Keeping my fingers crossed that you find something else that you like as much!

  9. #159
    Senior Member Teacher Terry's Avatar
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    The seller wants to sell badly as they offered to pay 200/month for 2 years of my fees. My ex husband looked at the documents because he is a civil engineer and has been on condo boards.
    Lots of expenses coming up but they have 2.8 million dollars. They also have a old lawsuit still going on. I figured that the universe is sending me a message. I don’t have to be in a hurry to move and 2 new ones come on the market a week from tomorrow. Also another one with a tenant I will see because the lease is up the end of February. That one is only 190 with a beautiful new kitchen and pergo everywhere but the bedrooms.

  10. #160
    Senior Member Teacher Terry's Avatar
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    Saw the condo for 190 in a secure building in a neighborhood I love. The kitchen and floors are beautiful. It needs painting, pergo in bedrooms and if it’s mine I will replace the bathtub/shower with a big walk-in shower. The balcony overlooks a beautiful courtyard far from the pool. It also has a vaulted ceiling and skylights. It’s on the 3rd floor which is the top. The agent let mine know that he is only taking offers that aren’t depending on the price being lowered if it doesn’t appraise as high because our market is changing so fast. 5 offers came in and they stopped accepting them by noon. The agent let mine know one was over 200k. So I offered 205 and it turns out that one other person did also. By tomorrow the owner will either take one or ask for best and highest offer. This condo has many things I want as well as the HOA fee being reasonable and covering a ton of items.

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