As mentioned in the previous post, we have sold our house and is house hunting intensively due to the time constraint. Seriously if you asked me, house hunting is no fun at all. Time consuming (travel all the way to destination just for viewing of one unit), exhausting and stressful which has been on-going for close to 3 weeks. Last sunday was a bitter sweet day. Zethan's right dorsum puffed up badly and it was after lunch that I noticed. The swelling is very bad but unable to identify any bite marks. It was not painful (he said no when asked if it is painful) and when touched, showed no sign of pain or sharp reflex. That freaked me out big time and being sunday, made me panicky even more. Decided to carry on with our house viewings which landed us in our future house to be. Yes after much consideration and deliberation, we have decided on our next nest! It will be in Toh Guan. Made an offer, issued a cheque for deposit, only for the seller's agent to negotiate the deal. Further negotiation necessary since owner asking for higher COV, another party offering higher COV which put us in a tight spot to counter offer or let it go. Such a tough decision and balancing the pros and cons. Finally the deal was sealed with valuation of $430K and COV $29K. The last few days settled our HLE and was delighted that we are eligible for a HDB loan with amount more than sufficient so the ball is in our court now to exercise the Option to Purchase (OTP)!
Thursday, March 31, 2011
Saturday, March 26, 2011
Busy
Busy as a bee, in fact much busier than a bee can be!
explained why this poor blog was badly neglected and collecting cobwebs in all corners possible.
Firstly we sold our flat like finally after being marketed by the 3rd property agent and closed to 8 months of marketing. Even though the Cash Over Valuation is not up to our expectation, we still accept the offer with the flexible terms negotiated and furthermore it is a chinese buyer. Offer was accepted on 1st March 2011 and Option to Purchase exercised on 6th March 2011.
Of course there is not all as the next daunting task is present ~ buying another house. Over the last 3 weeks, we have come to realise that house hunting is definitely no fun and instead is exhausting and the tight time constraints add on to the stress level. Despite the various property measures in place, cov are still alarmingly high and valuation show no signs of coming down which spike instead. To complicate matters, apparently the supply in the resales market is way too low over the demand currently. So we are certainly looking forward to the ideal house pretty soon and we are not going to take any chance here by compromising on our expectation since it should be our shelter for the next 11 years to say the least.
Zethan ended his last lesson at JG on 12 March 2011, the end of Term 1. Initial plan to start him on Zoophonics has been decided to put on hold since we will need the time for scheduled viewings. So the poor guy had been constantly on the move almost every night and weekend attending house viewings which might have bored him to the max. Having said that, it is surely very exciting for him to be involved and decide for the next nest of ours.
Work on my end had been stretched as well since there are additional portfolio but I am glad to have this opportunity to learn a new skill yet contributing to my stress level which is heading for the north intensively.
I got all emotional when the house is sold and is feeling sad oready. Well, no matter what, this is our matrimonial house and we are so totally involved from shortlisting to designing to painting the houses ourselves which burnt many weekends and holidays to holding our customary wedding to the arrival of Zethan. So much fond memories and inclusive of a share fair of 'nightmares'. Wonder if I will cry when the day come for us to vacate the house, im pretty sure I will!
explained why this poor blog was badly neglected and collecting cobwebs in all corners possible.
Firstly we sold our flat like finally after being marketed by the 3rd property agent and closed to 8 months of marketing. Even though the Cash Over Valuation is not up to our expectation, we still accept the offer with the flexible terms negotiated and furthermore it is a chinese buyer. Offer was accepted on 1st March 2011 and Option to Purchase exercised on 6th March 2011.
Of course there is not all as the next daunting task is present ~ buying another house. Over the last 3 weeks, we have come to realise that house hunting is definitely no fun and instead is exhausting and the tight time constraints add on to the stress level. Despite the various property measures in place, cov are still alarmingly high and valuation show no signs of coming down which spike instead. To complicate matters, apparently the supply in the resales market is way too low over the demand currently. So we are certainly looking forward to the ideal house pretty soon and we are not going to take any chance here by compromising on our expectation since it should be our shelter for the next 11 years to say the least.
Zethan ended his last lesson at JG on 12 March 2011, the end of Term 1. Initial plan to start him on Zoophonics has been decided to put on hold since we will need the time for scheduled viewings. So the poor guy had been constantly on the move almost every night and weekend attending house viewings which might have bored him to the max. Having said that, it is surely very exciting for him to be involved and decide for the next nest of ours.
Work on my end had been stretched as well since there are additional portfolio but I am glad to have this opportunity to learn a new skill yet contributing to my stress level which is heading for the north intensively.
I got all emotional when the house is sold and is feeling sad oready. Well, no matter what, this is our matrimonial house and we are so totally involved from shortlisting to designing to painting the houses ourselves which burnt many weekends and holidays to holding our customary wedding to the arrival of Zethan. So much fond memories and inclusive of a share fair of 'nightmares'. Wonder if I will cry when the day come for us to vacate the house, im pretty sure I will!
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