Getting into Desirable Condo
So, after losing a bid for a condo and being priced out of another one in the same complex (which is still for sale but holding out for $50k more to cover their renovations) I am at a loss. I love the layout and location of this one condo complex (and the HOA fees can’t…
So, after losing a bid for a condo and being priced out of another one in the same complex (which is still for sale but holding out for $50k more to cover their renovations) I am at a loss. I love the layout and location of this one condo complex (and the HOA fees can’t be beat). In this market, I was thinking that people may be simply holding off on selling their places, waiting to see when the upturn begins. It is likely that other units in the condo complex may be considering selling, but are waiting for the right moment and may be afraid there are no buyers out there for them.
Would it be completely insane, and creepy to make a little flyer and say “If you are considering selling your condo, please be in touch. We are a couple pre-approved for a mortgage and are seriously interested in purchasing in your complex this fall. We’ve lived in the neighborhood for years and are waiting for the right opportunity to join your community. Please be in touch if you’d like more information (insert email address and phone #).â€
Not sure if there’s a way to track down the main contact information for the HOA board, which might be another way to go about this and find out. Otherwise, we’d be slipping flyers under doors.
I know, not quite the usual way to go about it – but given the economic climate – we could be waiting for a long, long time to get into one of these condos.
What do you think?
Sherita,
My heart aches that I just saw your response to my post online – we took a short break last spring because we got married and I must have missed your listing. Looking at the photos of your apartment makes so sad that we missed the chance to buy your apartment! It looks like you got a great price for it, so congratulations! We are sending out our second round of letters today and are crossing our fingers that someone else is thinking of selling.
For any other condo owners who see this post, please contact me directly through Brownstoner.
Thanks!
Jen
Sherita,
My heart aches that I just saw your response to my post online – we took a short break last spring because we got married and I must have missed your listing. Looking at the photos of your apartment makes so sad that we missed the chance to buy your apartment! It looks like you got a great price for it, so congratulations! We are sending out our second round of letters today and are crossing our fingers that someone else is thinking of selling.
For any other condo owners who see this post, please contact me directly through Brownstoner.
Thanks!
Jen
Hi bklyn11238. When I saw this posting I knew instantly you were talking about our building and soon after we got your nice letter. If I could find it I would contact you directly through your letter, but alas, it’s long lost. We recently decided to sell our apartment. If you are still in the market please feel free to contact us.
http://345grandavenue.blogspot.com/
Warm regards.
I don’t know why you wouldn’t do that. If not you, someone else. You have nothing to be embarrassed about. I read once, in respect to propositioning homes that are in the early stages of foreclosure, to have some cheap postcards made on brightly covered stock and mail them to the houses you are interested in. I can’t speak for whether or not this works but what do you have to lose – $20 or so dollars?
I say go for it!!!
Thanks blowfish and all for your advice.
Hey, I’d be interested to know about that floor-thru with a yard! Our second favorite apartment went into contract yesterday (and had a backyard) so I’d love to check theirs out if it’s reasonable! It seems to me, if people are looking to sell in Clinton Hill – now’s the time! There is VERY little inventory out there, outside of the Clinton Hill Coops and luxury condos, so anything they’d post for sale would be of great interest. People are ready to buy, there’s just not much out there in Clinton Hill!
I sent out the letters today, we’ll see what happens!
it’s hard to move on once you’ve fallen in love with a place, but don’t stop looking at other places– love can strike twice. There are brownstones and limestones in 11238 that have been converted to condos which are lovely. neighbors of mine had put their floor-thru with a yard up for sale, > $300 mo. maintenance, but took it off the market after lack of interest, because they didn’t need to sell.
Try the superintendant then.
Make that USPS.
If it’s actually a condo, you can go onto the department of finance website and do a search on each unit number and get the registered owners addresses. You could then write a personal note to the owner/s of units that you’re interested in and send it via UPS. I’m pretty sure that’s how brokers do it.