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Archive for February, 2012

Catch Up...and pictures!

February 1st, 2012 at 11:53 pm

So much has happened in the last few weeks! I'm behind in everything.

To start, the CA condo went up for sale 2 weekends ago. I posted before pics in a previous post. BB and his friend went to CA for 10 days and added new floors throughout, repainted every surface except the cabinets, had the heating replaced, changed all fixtures and had the place professionally cleaned.We had a stager come in and finish off the place to get it ready to put on the market.
Here are the after pictures:








We recieved an offer $20k below asking within 3 days and countered at $3k below asking. They did not counter back. Then 3 days ago we recieved an offer $3k OVER our asking price!

There are some issues for concern. The buyers want to use an FHA loan, and this HOA FHA eligibility expired a few months ago. The realtor is concerned about getting an appraisal to support the purchase price. Before this offer, she really pushed me to be happy with a purchase price $10k below asking. I thought our asking price would be a no brainer easy to get, but she had a lot of hesitancy. And now she is worried about the appraisal. Also the buyers are purchasing AS IS, but you never know how the inspection will turn out. But those are out of my control, so I am letting the realtor handle it.

In other news, on my side of the country, BB has been working hard on his new rental property. The downstairs unit has been complewtely repainted, recaulked, new bath vanity, smoke detectors and some window fixings. The roof has been repaired. The place was listed on Craigslist for rent since Sunday and we have 2 showings set up before the weekend.

Here are pictures of the downstairs unit:









So this weekend, BB and I will get the upstairs ready to rent. The upstairs does not need nearly the work the downstairs needed.

And then my work has been exhausting me. My boss is out this week b/c he had twins over the weekend. I unofficially took over his job as best as I could. I simply dont have enough hrs in the day to get everything done. I knew this would be a tough week, but I have put in 40 hrs in 3 days! Thursday and Friday will be pure overtime for me. I was so stressed today, I almost cried. But I didnt. I now have so many people to report too...I leave the office every night in good shape. I have a to do list set up for the next day and it seems managable. Then throughout the day there are so many unexpected phone calls, so many unexpected interruptions, and so many more people emailing me for updates! Asking when X report will be done, when I last did Y, am I going to do W, why hasnt Q been done. OMG I cxould get everything done in the day if I didnt have 5 people breathing down my neck constantly requesting updates. And I dont think the 5 people are very aware of each other...they think they are the only person I am reporting to.

But it is a great opportunity for me. I am being given responsibility to handle things way beyond my authority level, and aside from not getting things done fast enough to please my temporary bosses...there have been no catastrophes. Well, there were an unusual amount of catastrophes last week that I'm still cleaning up this week...Aand that is slowing me down too. But thankfully those issues cant be attributed to me taking over and making mistakes. They were problems that had been building and we couldnt contain them any longer.

Ugh. I wish I had more time to focus on the Real Estate. But right now I really trusting people around me so I can focus on work.

It feels good to vent.