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July 24, 2008
Well, that's disturbing.
Or not. Can't tell yet. Just gonna keep hoping for the best. ("No Whammy, no Whammy, no Whammy, no Whammy!")
So, Keith and I have been putting quite a bit of energy into our Quest for Home Ownership lately. We've been pricing property small and large, near and far. We've met with several financial advisors and brilliant people (thank you, AnnaVo) to be sure we're ready to take advantage of every opportunity to buy, once we're in the "best buying zone of our time" (AKA late 2009 and early 2010--just you watch).
Well, one of the things we have always mused about is whether we'd buy our current apartment if the building ever went condo. (We talked about this at our Hollywood Hills apartment too. I think everyone who rents in LA thinks about the "going condo" fate of their building, somewhat.) Well, sure. But we'd also like to buy the apartment next to us, break through a wall, and have both our home and office in the larger overall space. This, naturally, has all just been chitchat, because:
A.) We'd of course rather buy a house--like the one we saw on Doheny last night--than an apartment-turned-condo or even a condo-proper, once we're buying.
B.) Our building is never gonna go condo.
Or is it?
So, today, this notice is on our door. Reason for entry tomorrow:
To exhibit the Premises to prospective or actual purchasers, mortgagees, tenants, workmen, or contractors.
Okay, so in case we're getting bought, please let's:
A.) get bought but not unilaterally evicted due to the new owner's plans for the building.
B.) get an offer to buy our unit but not until we can afford--easily--to do so.
And hopefully, they're just coming in to show some workman where there's a crack in the wall from earthquake damage or something (even though that would've meant they'd have likely checked another item on the form, regarding "necessary repairs").
Eesh. "No Whammy, no whammy, no whammy, no whammy!"
We are sooo not looking to move twice within the next 18 months, nor are we ready to buy--anywhere--just yet.
Eek!
Posted by bonnie at July 24, 2008 2:05 PM
Comments
eek!! crossing my fingers for the best...
(but if it's any consolation, my second house in less than a year--a DREAM HOUSE--is leased and inhabited by a verbally abusive hardcore alcoholic trainwreck of a human being who is going to jail next week!)
(so i'm looking at my THIRD move in a YEAR...to a 1-bedroom apartment, thank you...)
(but not before i throw a kickass party while she's in jail! be on the lookie for an e-vite!)
Posted by: babes at July 25, 2008 8:04 AM
OMG- that house is GORGEOUS! :)
Posted by: Sam Wyse at July 25, 2008 9:38 AM
OMG OMG OMG
What the hell is going on?
OK, we will discuss at length ASAP.
Lub you all, and I know that whatever the U has up her sleeve, it's pretty cool.
xoxo
Posted by: Anna at July 25, 2008 11:52 AM
Babes: Me too! (Crossing fingers.) Should be interesting.
Yeah, a one-bedroom apartment might be a much better fit for you. ;) Keep me posted on the raging kegger. ;) And... congrats(?) on the jail-going roommate?
Same: I KNOW! Right? We walked by and saw the for sale sign and literature box, and as always grabbed the flyer. At first I thought--since the house was SODANGBIG--that it might be a condo building and just one unit was for sale. Seriously, it's THAT big.
But looking at it online just makes me want it that much more. PLUS, it's walking distance to our regular bar/restaurant. ;) Gotta love that!
AnnaVo: Yup. Should be interesting, to say the least! I'll let you know as soon as I know anything! We may be neighbors before you know it, after all.
Hell, at least you see what's lighting the fire under my ass for all this book-and-touring stuff, right? ;) Gotta get to it, now. It is ON!
Love you! See you soon? XO
Posted by: Bon at July 25, 2008 1:20 PM
UPDATE: Phew! Building is NOT going condo! Owner is getting a fixed loan, rather than variable, and will own *outright* in seven years. We're safe!
Posted by: bon 
at July 25, 2008 2:09 PM