End of Negotiations, Next Steps

We stopped pushing virtual pieces of paper across the virtual desk yesterday. The sellers of the condo and I settled on a final contract. I feel I got as much out of them as I could. My purchase price is only $5,000 above what they bought it for 3 years ago and I'm getting $2,000 in credits at closing for various inspection items.

In the morning I was thinking of walking away from it. The association has low reserves, the sellers, their attorney, or the association were not willing to turn over the association meeting minutes, and the exterior of the building definitely needed some work. Why were they not turning over the minutes? What were they hiding?

The problem for me is that I am pushing up against my deadline to do something. I have to be out of my apartment at the end of August. To find another place and got through the whole loan process. It could get hairy.

Then a couple hours later they sent the minutes and raised the credit from $1,600 (it was $1,100 before my inspection) to $2,000. I read the minutes and it was a whole lot of "nothing to see here." I was already aware I was pushing the sellers pretty low. I had a time constraint and I was under the impression they did not.

Offer accepted!

After I accepted the offer I felt the need to see the place. I don't know why but I hopped on the bike and rode up there. Even when I was riding I was having the conversation with myself:

Self 1: Why are going up there? You can't get inside and look at it again.
Self 2: I don't know. I just feel I need to.
Self 1: That makes no sense.
Self 2: I have to do it.

Repeat over and over.



This morning I printed off the mortgage application and started signing. 17 signatures and 1 (only 1?) initialing. And the signatures are just getting started. I've got to have my mortgage commitment by the 2nd. No worries.