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- Jul 18, 2010
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Sue, I am so happy for him, and for you!!! That was about the easiest transition to assisted living that one could have. I am so glad he found a good facility to move to, that he likes.
+1!!!
Sue, I am so happy for him, and for you!!! That was about the easiest transition to assisted living that one could have. I am so glad he found a good facility to move to, that he likes.
Sue, I am so happy for him, and for you!!! That was about the easiest transition to assisted living that one could have. I am so glad he found a good facility to move to, that he likes.
You guys are on a hot streak.... including a large trunk holding every tax return since 1960
We will have to handle disposing of the things he leaves behind (including a large trunk holding... 24 bottles of wine from Trader Joes)
He is so excited to make this change.
And the condo is SOLD!
In the first day that the condo was listed online his agent got a very low offer, but it's cash with no contingencies. There are 9 other units in his building or the other building on the market. They are all larger, in much better shape, move-in ready or just need to be redecorated. His is very worn, plain and outdated. He did not want to upgrade or replace anything but we did have the carpet cleaned and whole place professionally cleaned.
This is not a hot real estate market. All the other units for sale in his complex have been on the market for 4 months to 10 months and they show much better. The buyer is looking to get into this complex with a unit he can buy at a low price and fix up. Dad could have done about $15,000 in carpet, paint and the kitchen and it still would not have been great.
He made a counter offer and the buyer came up a little and he accepted. He didn't want to take such a low offer but he also looked at the costs of carrying this for many months. The monthly maintenance fee is $500, taxes, insurance and keeping the electricity on runs $200. And he just wants it all done and his life kept simple. So he accepted the low offer and the closing is October 10th. My sister and I need to move fast to get the rest of the stuff cleared out and we will work on that this weekend.
There is also a storage closet down the hall from his unit and another one in another area in the building. Who knows what's in there! Could be more stuff they put into storage when they bought newer stuff or maybe it's where the family treasures were tucked away. Or it's more crap to be tossed in a dumpster. Anything usable gets donated, anything valuable gets ebayed.
But I'm not bringing any more of it home!
Good. He was smart to take it. Cash is good; so many things can happen once the bank gets into the picture.
Ha
Yikes. I bet it's even scarier when you multiply those expenses by the average number of days on the market for the other properties.And the condo is SOLD!
The monthly maintenance fee is $500, taxes, insurance and keeping the electricity on runs $200.
Yikes. I bet it's even scarier when you multiply those expenses by the average number of days on the market for the other properties.
Going through those boxes with your Dad will be like an oral history interview. Take good notes!
Good. He was smart to take it. Cash is good; so many things can happen once the bank gets into the picture.
Ha