
It has been a stressful two weeks, more stressful then usual.
The morning of Thanksgiving we received a phone call from our Realtor informing us that someone wanted to put an offer on our apartment and they wanted to meet with us that evening. Whats that, a Thanksgiving MIRACLE!? We were excited but nervous, given the way everything had turned out until this point, we really didn’t want to get ahead of ourselves. Knowing our luck, the deal would fall through before the offer was even put on the table. All day we waited anxiously for a confirmation call of when this would all go down. We had to rearrange our family dinner and prepared ourselves as best we could.
Since dinner was at my parents house, our Realtor met us there along with the Realtor representing the other couple wanting to buy the apartment. Now, I’ve watched enough HGTV to know how this whole thing plays out, or so I thought. The Realtor presented us with an offer, which wasn’t that great of a deal, and instead of laying it out and letting us decide what our next move was, he began to present us with this pile of information that essentially told us this offer was the best we were going to get because our apartment wasn’t really worth that much and the market was just going to go down even more so really, since his clients weren’t in a rush to by anything and since the markets were just going to continue to go down, he was doing us a favour with this offer. I wanted to punch this guy in the face so badly it took all my strength not to move from the couch.
Thankfully our Realtor quickly shewed him out of the house so we could talk in private about what we wanted to do. I was super annoyed with this guy but Chad just brushed it off as him ‘doing business’. I’m sorry, but there is no reason for you to be an ass hat. Present us with the offer and let it be. I know everyone had a budget of what they can and can’t afford. I know that people always want to try and get a deal when buying a place, so there is really NO reason why you have to give us a speech on how our situation is hopeless and you are doing us a favour. UGH.
Anyways, the deal went back and forth and back and forth a couple times until we finally agreed on a price. It was no where near the price we had in our minds when we put our apartment up for sale, but we had to accept it for what it was. We had been on the market for 6 months with NO offers, there were TONS of other apartments in our area that were also for sale and not selling, the markets HAD gone down, and in reality, this really was our only way out. Do you sacrifice money if it removes stress from your life? In this case, yes. We were more then ready to move on, but we were stuck and couldn’t plan or do anything until the apartment sold. So, this was our way out.
You’d think we’d be elated once we had signed the deal, but our feelings were very much the opposite. We were bitter and frustrated, sad and worried. We never thought it would turn out like this. Yes we had an accepted offer but we never thought we would sell it for what we did. We struggled with how ‘unfair’ the whole experience had felt. I am not one to wallow in self pity and I try very hard to accept things for what they are and believe that everything in life happens for a reason, but this whole apartment selling business just seemed ridiculous.
The next step, after we accepted the offer, was to wait for them to book an inspection. I was feeling pretty confident because I knew there wasn’t too much that could be wrong with a small 1 bedroom apartment, plus Chad and other members of the Strata Council work so hard to make sure everything in the building is working and up to par that I doubted there was anything they could find that would break the deal. That was until I realized that if for whatever reason this couple had decided that they didn’t make the right choice or if they changed their minds, they could essentially pick out anything from the Strata Minutes or the Inspection and say ‘Yea, we don’t like this, this is a deal breaker’. When I realized this I started to really worry.
The inspection took over two hours long, which was a far cry from the inspection we did when we bought the place. I guess maybe we should have actually hired an inspector instead of getting my Godfather to walk through the building checking things out in exchange for a bottle of Martini & Rossi. HA! When I got home I could tell everything has been looked at. Furniture was moved and there was drywall dust all over the floors from him taking apart switches to see how they were hooked up. I just wanted this to be all over and done with.
It wasn’t until this past Monday that we found out the inspection went well. The only thing that came up was something about our plugs and switches not being installed properly, which was our fault when we bought new ones and changed them all out. They wanted us to fix everything or they were going to take $1000 off the price. Humm…fix it for $200 or take $1000 off the price. Yea, that’s a no brainier.
The electrician is coming tomorrow to fix everything, then we have to present the bill with all the changes listed to the other Realtor. In the mean time, the accepted offer was finalized which means we are no longer owners of our little apartment, which is just sad to think about. I know it was time to move on, and I know I complained a lot about the building, but I love our little apartment and I am going to be sad to see it go.
Now, we have the challenge of organizing everything. We have to be out of there in exactly 1 month, which clearly does not give us any time to find a place and move into it, but we really weren’t planning on doing that anyways, which is why we agreed to these dates. So, we are putting 95% of our stuff into a storage locker and the other 5% of our stuff into my parents house where we will be moving into. That should be interesting!
So the deed is done. This chapter of our lives is coming to a close. We still aren’t excited, about it. There is a lot of work that needs to be done, but hopefully once the move takes place and we start seeing some homes we actually like, the excitement will come back.