Post # 1
Office Groom and I were married in September. Before the wedding we already had a number of conversations about our first home together (we’ve been renting together for 3 years and counting)…what we want, don’t want, and when. We figured that if we could get a home before Christmas 2011, we’d be set. But we didn’t think we would have started looking as early as we did (as early as October!!).
We went a to a bunch of open houses to get better ideas of what we wanted. But it wasn’t until just before the holidays that we took it more seriously, when we learned about a private sale on a brand new townhome in an up and coming neighbourhood. Suddenly, we were scrambling to make things happen!
Long story short…the private sale was a lot more complicated than we thought. It’s a new build (just finished in Oct 2010) and anyone currently living in their units don’t actually own them yet, because the building hasn’t been registered. So if we wanted to buy one off someone before that happened, it would be considerend a “reaasingment” and not a “resale.” trust me…I have learned way more about the realty wolrd than I planned to LOL
We walked away from that place for a while and placed bids on two other places (both of which we won…and then the either owner changed their minds WTF, or we discovered some crazy bad secret about the place and had to walk away!!!)
Now that we’re with a trustworthy realtor (and friend), we’ve decided to go back to the original private sale. The seller has decided to wait until the development is registered and then it will be an regular resale. Awesome, but it’s meant a few more meetings that we hoped for, a few long winded conversations, and delaying the closing date.
Ok…I know this story is incredibly BORING…but I just had to vernt. Bascially, I’m trying to say that house hunting is not nearly as fun and exhilirating as the TV shows make it out to be LOL
Post # 3
Lol. We had the exact same feelings when we started. We are obsessed with HGTV and House Hunters and had NO idea that buying a house would be months of stress and tears. It’s brutal. But in the end, when you get to come home to your house which you OWN, it’s totally worth it 🙂
Post # 4
Awww I’m sorry. Yea it is really tough and not as simple or fun as the shows make it seem. I think the only simple part was having that “gut” feeling knowing if the house was right or not.
Post # 5
Le sigh…I wish even that part was easy for me LOL
Update… we still don’t know when the building is registered. It was suppose to be february but word on the street that it’s April! And the seller can only close with us 6 months after it’s registered! ARGH! So we’re looking at a closing date of August or later 🙁 Office Hubby and I were really hoping to move into a new place before the summer heat (we don’t have A/C and Toronto summers can be BRUTAL).
Post # 6
I know on TV it’s like, “Which one do you like best out of these amazing choices?” And poof, they have a home suddenly!
We just submitted a bid on an apartment on Monday (well technically yesterday since the sellers broker didn’t like our original format and we had to scramble to change it around) so I hear where you are coming from. It turns out it’s an estate sale which complicates things further, the seller can’t make an easy yes or no decision. And they keep coming back to us with questions, which I guess is a good thing ultimately since they wouldn’t be doing that if we weren’t in the running (there are other bids out on the apartment currently).
Surprisingly though, I don’t feel very stressed out about it. I can’t really explain why. I do love the place and see us living there long term, but I’m also very well aware that there are so many other ‘fish in the sea’ so to speak so if it falls through then I kind of feel like it wasn’t meant to be. We weren’t ever dead set on any particular building or neighborhood, so it’s not like I’ve been waiting for years for a unit like this to open up we just kind of stumbled across it.