2.23.2012

Condo Update!!!!

Hey everyone! I know you are all probably tired of hearing about our investment property/condo shopping process but it has consumed my life as of late! I've been terribly busy at work and I haven't had time to finish my notary training. I'm sort of glad that I'm this busy since the anxiety revolving around waiting to hear back from schools is killer. So here is the latest and greatest condo we found:




We went to go see a condo last Friday in the area the BF and I both love. It's actually in a very busy and developing area (good school districts, family-oriented area) and it's right next to a country club and ritzy hotel with 3 golf courses! The price was awesome for San Diego at $159,900 for a 2 bedroom/2 bathroom 1,091 sq foot place. We would have loved a 2-story condo but alas, our options are slim to none. The great part about this place is that it has a ton of storage including a detached 1 car garage and a nice private patio. It has also been fully upgraded with very nice upgrades!!! The only downside is that we have to buy appliances and there are some very minor cosmetic repairs to make. ALSO there is this permanent open window...hard to describe. Do you see it in the picture above? It's actually PERMANENTLY OPEN! I've never seen anything like this. We're hoping that it won't cost too much to put a real sealed window over it, does anyone know? HELP! Anyway, the "complex" is not really a complex - the style of the condos remind me of a mission. I love it.

We put an offer at list price plus closing costs because we knew this was a good deal and we really wanted it. It's not an REO or a short sale which is SO hard to find these days - it's investor owned, and he actually upgraded everything in there just to turn around and sell it. It's a really great deal since it's still cheaper than all of the comps in the area/complex. A similar unit in the same complex sold for $200k just last month so we really consider ourselves lucky. We received a counter-offer last night basically agreeing to our offer and the terms of the agreement, as well as their preferred list of lenders. We're thinking of going with one of theirs since they are offering us a $450 credit for the appraisal. 


This is all moving so fast and I'm so excited! I'm really glad you all are here too to join me in this process because no one else is really as interested in this type of stuff haha. I'm still learning along the way too and it's been great hearing input from you all as well.

I've also been back on track with going to the gym and I also found a new Turbo Kick class that I absolutely LOVE! It's on Monday mornings which is great because my other favorite teacher's Turbo Kick class is on Friday mornings... it really a great way to start and end the work week :)


In addiction, since health and fitness is my life and has always been, I decided to start a new fitness blog. I'll still be blogging on here of course but I really wanted a place to write about my eating and exercise habits since it's my passion and actually a hobby too. Once I build it up more, I'll post a link here!

Hope everyone is having a great week!

8 comments:

Michelle P said...Best Blogger Tips[Reply to comment]Best Blogger Templates

Wow it's so nice!

Newlyweds on a Budget said...Best Blogger Tips[Reply to comment]Best Blogger Templates

That place looks really nice!!

Amber said...Best Blogger Tips[Reply to comment]Best Blogger Templates

Looks amazing!

Rafiki said...Best Blogger Tips[Reply to comment]Best Blogger Templates

Things are looking awesome all around and I'm far from tired of reading about your condo hunt. These post have been teaching me a lot.

I personally like the look of this condo from the pictures alone.

I hope everything works out for you.

The Happy Homeowner said...Best Blogger Tips[Reply to comment]Best Blogger Templates

That place looks great! But that window thing, man...how strange. Good luck with the inspection; I'm rooting for you!

Emmy said...Best Blogger Tips[Reply to comment]Best Blogger Templates

This place looks amazing! I actually would prefer a one story over a 2 story any day! That's why I'm selling my 2 story house for a 1 story!
Good luck with everything!

Daisy said...Best Blogger Tips[Reply to comment]Best Blogger Templates

Looks beautiful! Re: Window - I'll ask the boy when I get home, but I"m pretty sure you can just replace the glass, which would be cheap. Its pretty expensive to cut in a window, if you're redoing the whole window, but the bones are there!

elleandish said...Best Blogger Tips[Reply to comment]Best Blogger Templates

I like it!!!!

Honestly an open window sounds pretty cool.. until I think of all the bugs that can crawl in and bite me :T

Good luck! That is an AHMAZING price :D

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