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Help!

My housemate just gave me 45 days notice, and wants me out by April 20th.

She just found out that she's really allergic to cats (she has 2 of her own) and she's asking if she can get Caroso out before April 20th.

So I'm asking for several favors...
1. If you can please take care of a kitty from March 21st to whenever I get a place of my own, let me know. Caroso is a blue eyed ragdoll, very sweet, longhaired, comes when I call him, and is very cuddly. he even accepts cuddles from strangers. he's cross-eyed and adorable.
He has to be indoor only though.

.

2. I'm looking for a new place. Either renting.. or getting a condo. I went condo shopping today, and my realtor took me to several condos.. the one that had potential is in Travis Oaks Condominium, by South Congress. I'm not sure about it yet, it was my first time with my agent. Let me know if you've recommendations or a place for rent.

Thank you.

Comments

ripresa
Mar. 8th, 2007 06:17 am (UTC)
Re: thou shalt not
are you referring to your experience at the chaos ranch? i didn't realize it was a condo.. but looking back, i can see that.

i am a little concern about the housing slump.. but hopefully, staying for 5 years will help. but your post does remind me to read the hoa rules carefully.

also, that is a really good idea about buying futures to hedge my investment. i haven't really looked into futures before, so i'm not sure how exactly i should hedge it. but i will get in touch with you about this. i am actually making an offer for a condo. hopefully, because it is in a very good part of town, it should be a good investment.

i don't suppose you could baby sit my cat for a month? :-)
grinnellian2001
Mar. 8th, 2007 05:03 pm (UTC)
Re: thou shalt not
I would second a lot of what pfiddy says here. Buying a house or a condo is a big lifestyle choice. With this market you'll (probably) get a return on your investment, but if you're just looking to invest, spend your money elsewhere and you'll be safer in the long run. Obviously I did it and so far I've been really happy with that decision, but you really need to think about whether it's right for you now and whether it will be right for you down the line.

Have you considered looking into a single family house rather than a condo? I looked at condos briefly when I was househunting because I thought I didn't want to deal with all the maintenance of a house, but when I heard that the condo market often loses value sooner and recovers slower than the single family home market does, I immediately changed course.

Single family homes are often less expensive than condos (depending on the neighborhood, of course) without even adding in the condo fees. Invest the money you save to pay people to do the things that the condo association would take care of (mowing the grass, etc.) and you'll come out ahead. You haven't been living in a complex so it's not like you're used to having a pool/fitness center/clubhouse, etc. Plus, if you get a 2 br/2 bath you can rent out your extra room and make back a bit of cash, too. Or have space to expand if you decide to shack up/get married/have kids in the next 3-5 years.

ps. e-mail me the MLS listing for this condo you're putting in an offer on. I'm curious!
ripresa
Mar. 8th, 2007 06:41 pm (UTC)
it's alright
i am putting an offer on a 2/2, and i was planning to rent out. the HOA is 180 a mth which is reasonable. thanks to pfiddy i went and read the condo agreement, there is nothing there that prevents me from leasing or renting it out. in fact it is rather fiercely protected, the right to rent, and cannot be changed.

The condo is listing for 199k, and houses in simiar areas average about 300k to 400k. really niec houses to 1 million. i am not ready to speand $300k just to get a 1-1, maybe soon, as i make more money. :-)

i will email you the website.

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ripresa
ripresa

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