Coldwell Banker can Suck It!
One month into homelessness and I am no closer to settling all this ridiculousness. I am writing this down just so I can remember it for cocktail party conversation later.
Sept 24,2008 formally bid on the Cabot Street property.
mid November, was approved for the Cabot Street property.
Hurry up and sell the Story Street property
Had to move and sell by December 18 into the Cabot street property.
Missed the deadline. Asked for a 9 day extension.
Denied.
Had to rebid , now along with 3 others on December 18 2008.
Sold the Story Street property on January 9, 2009.
Moved to the York Harbor Inn
Stayed 5 days.
Moved to Emily and Wally Caldwell's, co worker at SWK January 14, 2009.
End of January heard that it is between myself and another bidder.
It has been elevated to the investor for processing.
February 10, 2009, heard that the final choice went to the seller to decide.
She chose me, now it goes to the mortgage company to process and been told it will take 7-10 weeks.
Signed paper accepting the terms that if April 10,2009 comes and goes, They are not obligated to something or other.. but neither am I til I get keys and sign papers.
In the meantime I am bidding left and right on other properties, with no luck.
Bid on a nice property listed at 336,000 , but too far from town to walk. They described the property as "energetically priced to fit the adjusting market".
I bid 275,00 to start the conversation going. They countered with 335,000.
I countered with this to my agent,
"Diane( their realtor) can bite me.. they have 3 mortgages , I have money in hand and they went down 1000.00? tell them I will throw in my $50.00 gift card to their restaurant, (Muddy River)for their place I got for selling mine, and I will go up to 276,000.What happened to energetically priced for the adjusting market? Seriously, since they are not going to under 300,000 it is clear.. piss em off at 276,000... I got other choices."
My realtor took that info and rephrased it and sent this...
"Hi Diane, needless to say my buyer (Richard) is not too enthralled with the $1,000 drop for a counter offer. He asked me what exactly is meant by (in the MLS remarks) “priced energetically for an adjusting market”? We have looked at many condos in Portsmouth, many within walking distance to the center of town that are more “energetically” priced. Some larger, some smaller and in all conditions from new to rehab, etc … Anyway, based on our research and the current market and competition out there, he has raised his offer to $276,000.00"
she replies,
"The Sellers bottom line for unit 4A is $330,000- beyond that is short sale which they do not wish to participate in. That is a $100,000 discount from the original marketing prices of a few years ago when we were selling these lovely units. If your Buyer likes the unit and association, I am sure he doesn't wish to decimate the price point before he even moves in. The unit appraised fine at $336,000 just three weeks ago with 30% down. According to our calculations, prices in Portsmouth dropped 1.5 % in Portsmouth in January. If this comes together, we would want to see a larger deposit also. Have a great day!! "
I reply to my agent,
"she is less passive aggressive than jen( the idiot agent of Cabot St).. but still a big bitch. Get the check back and tell her to F off.. I will wander thru when it goes to short sale.. interesting that she brings it up, as if it is an impending possibility. And it doesn't matter if I decimate the price point of others property missy(her, not you), it's the point of getting a good price in this market from a seller that has three friggin mortgages."
I have two other options at this moment. both good price points, but both smaller and will definately have to maintain a storage unit.
both are walkable to town, but my stupid heart is still held to the cabot st property. but both are rented now so it would take 30 days to get the renters out.
dammit.
I may have the option of moving in and renting the Cabot St one, until all is finalized, but I can't move stuff in until mid April or May until I officially sign papers and get keys.
As I have learned, there are no guarantees so do I sit in an empty place for two months with 2 suitcases and a roll of toilet paper?
If I do that, I still have the option of walking from the deal if I find something better. I think ,sadly it is my best potential offer unless something else presents itself.
Jen D. and Diane F. both of Coldwell Banker in NH can take a long hard suck on the crack of my ass.
Take that to the bank and try to cash it, girls.
On a side note, I played a cold and ruthless real estate agent named Caldwell Banker in The Gull's. How it comes full circle and I actually meet my namesake.




























