So, I have neglected to post about the house hunt lately for the very best of reasons… I finally found it!!! After family friend Evie the real estate agent showed me the itsy-bitsy townhouse below, she told me there may be a unit in my price range in the desireable Arbor Hill condo community, also in Weymouth.
I saw unit T5, a 1300 sq ft 2bdrm 2ba +den, open living and dining room, laundry room in unit, and lovely private terrace, last Saturday, August 30th, and I put in an offer this past Monday, August 1st around noontime. At 8pm that night, I heard that my offer had been accepted. The seller even agreed to refund $5,000 of the purchase price to me at the closing, to pay for closing costs, per my request.
With the offer accepted, and the home inspection having gone smoothly today, here’s what’s left in the process:
- Review of the condo docs (rules and regulations set by the condo association that all unit owners must comply with). I have these in hand and will review this weekend.
- Review of the condo association’s financial statements. I will receive these early next week and send them directly to the lawyer I’ve hired, Ms. Nicole Cox.
- Nicole will complete review of the purchase and sale agreement, add any potential contingencies or corrections, and the purchase and sale agreement will be signed by myself and the seller.
- I’ll give a 3% deposit to the seller at the signing of the purchase and sale to be held in escrow (which means held but not cashed –given back to either me or the bank at closing, depending on the loan I go for)
- The bank sends out the full loan application for underwriting (approval and drawing up of exact loan terms) based on all my financial records (which they already have in hand).
- Once the bank gets back to us (and they’re aiming for Sept 30) we’ll have the closing, which is when I’ll officially sign my life away and get the keys! Both brokers (real estate agents) and my lawyer (since the seller doesn’t have a lawyer, heh heh heh) will be present at the closing.
Pictures! I have new found appreciation for people who have to photograph properties. It’s incredibly hard to find a decent angle to photograph a room with a regular camera. I should have used the landscape feature on my digital, but I didn’t think of it until it was too late.
Click for larger views.
That funky silver stuff in the closet is insulation — I’ll need to put in some cedar paneling, not too hard.
I’m a very happy girl. The master suite will be rented for $800-$900+utils. Please let me know if you’re interested. Will continue to post about the rest of the process… and furniture and design! I’m becoming a feng-shui master, with all the reading I’ve been doing.














