A Happy Ending/Beginning for our Condo

I believe we left off with “Bob” trying to evict us. Steve wrote him an email that basically said: you can take us to court, you don’t own the place, you’re going to lose and you’re going to pay our court fees. We haven’t heard from him since then. (If you are not familiar with this story, you may want to start from the beginning – all related posts found here)

As for the condo, the funding company that bought it (RFC) originally hired a realtor to sell it (“Jim” from the first post). That realtor didn’t really do much, so in June they hired a new realtor, Jeff. Jeff is not the type to sit on his ass, he gets things done. He got our lock changed, got our names in the keypad, and finally listed the place for sale.

Also around this time we discovered that RFC hadn’t been cashing our rent checks. Steve had them on an automatic bill payment through his bank and after three months, the funds would pop back into his account if they weren’t cashed. This kind of shocked and worried us. For one, why weren’t they cashing them? Two, are they going to try at some point? Three, what if we get out of this rent free!?!?

Anyway, listing the condo prompted us to get our act together and figure out whether or not we really wanted to buy our current home. After much thought we decided that if it were the right price, we could happily purchase and live in it for several (if not more) years.

We then began the rigorous home buying process and made an offer that the RFC gladly accepted. Which then took us through 30 days of title clearing, appraisals, check writing and such.

At some point during the lending process we had to tackle the rent check problem. Steve finally spoke to someone at RFC who claimed that only two checks had arrived, which was clearly a lie. The woman did more poking around and discovered the other checks. It was an aggravating conversation for Steve, but it all worked out.

Last night our broker came over and we signed 10 million pieces of paper, making us the official owners! …In San Francisco, I never would have thought! All I have to say at this point is, IN YOUR FACE, JERKFACE “BOB”!

Oh, and we get to keep the rent checks! Woo hoo!

About Nicole

I'm a quiet artist making a living as a web designer.
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4 Responses to A Happy Ending/Beginning for our Condo

  1. Mathew says:

    Congratulations!!!! Buying a place in San Francisco, the most expensive city! That is an excellent accomplishment!

  2. Paul says:

    Congrats! Excellent turnout!

  3. SAM says:

    Welcome to the landed gentry. Owning is cool and now the fun begins making it yours.

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