Short sales aren't so short

The place in Bridgeport has a whole mess of things wrong with it. The sellers can't accept anything less than the asking price because that is their mortgage. So I've decided to put in an offer of less and we're going to try to make the sale as a short sale. I think the 'short' part of a short sale just means that less money is going be exchanged. A short sale can take up to 4 months, so it's not a short process. My brother is going to be acting on my behalf because I leave on Tuesday for Australia and won't be back until the end of July. Hopefully everything will be okay. I'm leaving a lot of things, and I feel a little guilty about leaving volleyball, basketball, and softball, but this was an opportunity I couldn't pass up. Kerry is going and she was going alone, so what better time than to accompany a friend?

Buying a place is hard to do

Boy, this whole making an offer thing is really stressful! I took my offer off the table for the place in the south Loop, and I have submitted an offer on the place in Bridgeport. I'm waiting to hear back from the sellers today. Hopefully, I'll hear something tonight, but if I don't, I figure I'll hear something tomorrow. I know the owners of the place have already relocated, and apparently there's a relocation thing with this place. I don't really know what that means, but I guess it can delay the purchase or the closing of the place? Not really sure. This whole process is a bit slow, but I guess because it's the exchange of a lot of money it takes some time. I'm keeping my fingers crossed for this place. I think I'd really like it.

Waiting is the hardest part

I've put in the offer on the condo at 20th and Wabash. The owners countered with an offer of 227K. I countered back with 205, then they countered with 225K. I went up to 208K, and they've bottomed out at 223K. I have to decide if I want to give one last counter, or if I should just give up the place and go after the place in Bridgeport. I think I'll offer 212 tomorrow morning, see what they say, and if I don't like it, I'll give it up and go for the place in Bridgeport. Jennifer said I can try with one last offer, and that's what I'll do, but I'm hoping it will get resolved tomorrow. This is a whole new world for me. I'm nervous about spending this much money...it's like signing your life away.

Offer!

I made an offer on the place at 20th and Wabash. It's a low offer for the place, but Jennifer hopes that by me offering a flexible closing date that the owners will be flexible with the price. We'll see what happens. I'm very nervous about this whole process! I can't believe I may incur a debt of $200000. Yikes! I'm hoping to hear from the owners soon. If they don't go low enough for me, I'm going to place a bid on the place in Bridgeport. After I got burned on the first place I wanted, I decided to have a Plan B. This time I'm a little better off. Fingers crossed!

I've made a decision!!!

I feel confident that I've made a decision! I saw a condo today that I really liked! It was at 2024 South Michigan; I think I can actually afford it, even get the parking! It's decently close to the expressway, and to public transport. There are buses on State and Michigan to get into the loop, and it's only about 5 blocks from the lake.

Decisions, decisions

So I thought I had made up my mind, but as I think about it more, I'm not sure I want to be in Bridgeport. I really want to be closer to the Loop. I almost wish I could move up closer to John, but it's too far north...the traffic throughout the Loop in insane, and I like my sleep. Bridgeport would be good because of the reverse commute, but I love the South Loop's proximity to the lake, museums, and Michigan ave. UGHH!!! Too many decisions.

Condo offer

Well, I think I've made a decision: after I didn't get the place in South Loop, I've looked at other places in South Loop and thought that was where I wanted to be. I think I'm going to put an offer in on the place on Sangamon in Bridgeport. Saturday morning, I'm going to see some more places in the South Loop, but if that doesn't go well, I'm going to put in the offer for Sangamon. I loved that place. I wish it were in the South Loop. But it does include parking, it's huge, and I think even the huge assessment will be okay. I did love that property!!

House hunting sucks

This house hunting thing is very stressful. I finally got into the house in Cal City with Mom, Aunt Lu, and Mary, and they all, of course, loved it. I'm not sure if that's where I want to be. It's sense vs. sensibility. It makes sense for me to stay close to North, but I REALLY, REALLY want to be a Chicagoan. I thought I'd decided on South Loop, but since I didn't get the 2 bedroom on Calumet, maybe I should just head out to Bridgeport. I've always wanted to live in Bridgeport. I think I may be able to get a good deal on the place in Bridgeport. It's not ridiculously far from the L. I think I could still possibly travel if I got that place, because the parking is included, and all the places in the South Loop have parking to be purchased for at least 25K. YIKES! I'd still like to be able to travel for the majority of the summer! Sounds like I may have made my decision.

End of the year part 2

Tomorrow is the last day of finals! Hurray! I can't wait for this year to be over. I found out that I will be teaching anatomy and physics next year. Yikes. I'll be okay, but I'm going to be studying and preparing all summer long. Excited about anatomy, nervous about physics, and bummed that I won't be teaching chemistry. I get to move classrooms and I'll finally get a room with a view. I'm excited about that.