We're back to more hoop-jumping! The seller (the unfeeling megabank) agreed to knock $10k off the purchase price. So, now I have a HUD consultant to help me figure out the rehab, because the rehab loan is over $35k. The seller wants us to sign something saying that I'm not going to make any more demands, but I want the HUD guy to do his inspection first. The seller (and heaven) can wait. We also need to make sure that all the assessments and vacant building fees get paid by the seller. I'm guessing that the new close won't be for another month. We've been trying to get a renter for our apartment, and the ones we had just backed out, which is probably for the best, as we don't really know when we are moving. Our one senator in Minnesota, Amy Klobucher (which roughly translates in German to "books one reads in the bathroom") has announced a bunch of grants for rehabbing foreclosed homes. Hopefully our HUD guy can help us find out more about such things. Stay tuned!Wednesday, February 25, 2009
Housing Update V
We're back to more hoop-jumping! The seller (the unfeeling megabank) agreed to knock $10k off the purchase price. So, now I have a HUD consultant to help me figure out the rehab, because the rehab loan is over $35k. The seller wants us to sign something saying that I'm not going to make any more demands, but I want the HUD guy to do his inspection first. The seller (and heaven) can wait. We also need to make sure that all the assessments and vacant building fees get paid by the seller. I'm guessing that the new close won't be for another month. We've been trying to get a renter for our apartment, and the ones we had just backed out, which is probably for the best, as we don't really know when we are moving. Our one senator in Minnesota, Amy Klobucher (which roughly translates in German to "books one reads in the bathroom") has announced a bunch of grants for rehabbing foreclosed homes. Hopefully our HUD guy can help us find out more about such things. Stay tuned!
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3 comments:
This is the most confusing tale I've ever read. Yet I'm sure you carefully worded your account to make each step as clear as possible to the casual reader. If you are actually able to purchase a house in Minnesota this year, I believe you will have a promising career in writing insurance policies.
With love from
your deeply befuddled but admiring
Cousin from Tejas,
S the Elder
You tell 'em kid. Don't sign a thing. They either want to get rid of the property or they don't.
I never thought about your senator. Why don't you try getting you congress person to gop to bat for you- either house or senate. Orren Hatch and Merrill Cook both intervened for us when the Reader's Digest and Publishing clearing house were hassling my mom. It worked.
Where do you get all of hoyr hoops pictures? They're great!
Frosting Comment-
Sure thing! It will keep for a long time. It may take an archaeological expedition to find it in that refridge though. The owner will say "Frosting?....um.... frosting. No, I don't recall anything like that."
"samurai 4 an eye? You must have a really strangefamily!
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