minor semi-positive housing update 

we told our landlords that we would probs not be moving out before our lease ends and they took the building off the market to wait for us to move out. No one wants to buy a Brooklyn building right now that's going to have tenants for another 9 months. (Also they've had a very tepid response at showings--probably bc the asking price is way too high.)

So, still have to move but won't have my home bought out from under us and no more open houses.

Follow

minor semi-positive housing update 

trying to not get my hopes up that their realizing the asking price is way too high might open them up to the offer we made to buy out our floor in a co-op conversion--probably won't happen, but I think their hope for a big quick payout is fading and maybe at least paying off the mortgage and cutting their share of building costs will become more appealing?

· · Web · 1 · 0 · 9

minor semi-positive housing update 

it's still baffling to me that they've decided to sell the building and think they can buy an apartment in the neighborhood--which is a way, way more competitive market and after all the closing costs they will barely have the cash to buy outright; like you guys can have a nest egg or a home in Brooklyn but not sure you can have both!

Show thread

minor semi-positive housing update 

(an additional wrinkle in this is THEY OWN ANOTHER HOUSE in Vermont, which probably won't fetch as high a price as their Carroll Gardens building, but idk if I were in my 70s I would liquidate that for whatever I could get and hold onto the property with the passive income in the neighborhood my daughter and grandkids are still in??)

Show thread

minor semi-positive housing update 

@ingrid oh, that's great news.

but yeah, like. also they don't have to move this way? and can keep living at the place they presumably like?

minor semi-positive housing update 

@v i can't get a clear read from them on exactly what's going so bad with their finances--they'll tell us that they're fine but also then say really worrying stuff! but it seems pretty clear they don't actually want to leave.

Sign in to participate in the conversation
Horsin' Around

This is a hometown instance run by Sam and Ingrid, for some friends.