wyn157: June 2009

2 days ago, i found out that someone gopooh and i have known in the medical circle for 4-5 years has committed suicide. since i no longer get the residency emails, i initially found out he'd died from facebook, of all places. i logged in yesterday, and in my news feed on the main page, i saw a post on his wall from a mutual friend that sounded slightly... off. so i clicked on his profile to see what was going on, and after reading the other wall posts on there, i realized that he had died 5 days ago!

i almost didn't believe it, until i read his entire obituary for myself. we were already in shock, and then we were FLOORED to learn that he'd shot himself. *sigh*

it's just so unbelievable. i first met him when i was a med student and he was a resident encouraging me along, all while laughing and smiling. through the years he's always been him, even when he and his first wife of many years got divorced a few years ago. just last fall he'd written to me about how well things were going... second marriage, great job... and now this. how quickly the world can turn...

apparently he'd called a couple ppl last weekend... i guess it was his way of saying good-bye. no one ever truly knows what's going on in someone else's head and heart, but the suspicion is that it was his marriage. before this, i've never known anyone who's committed suicide, and i don't pretend to understand what could drive someone to do this. he was so young and full of life; even if his marriage was going sour, there's always a way out... *sigh*

i added a note of my own to his facebook wall yesterday. i just hope he's finally found peace. and on that note, i really don't know what to say, other than to end this monologue w/ a cliché: life is just too short to wake up with regrets.

we may have found someone to rent out our place in michigan! it actually happened really fast. our realtor dragged her feet about putting it back 'on the market' b/c she was trying to work something out w/ a selling price, but we wouldn't (and couldn't) go any lower than our minimum. that's why it's called a minimum, after all.

then 2 days after she listed it as a rental, she got contacted by someone from germany. apparently he works for ford in germany and they are paying for him to be in michigan for 2.5 years on a project. he offered $200 more than our listing price, but in exchange he wants the place painted w/ colors of his choice and light fixtures for the reinforced lights we'd never set up.

at first i was like, it's a freaking rental, he can take it as it is... but then i realized that if he's staying there for 2.5 years, that's longer than gopooh and i lived there! yes, sad but true. and it makes sense that he doesn't want to paint it himself (even w/ our permission) b/c since ford is paying his rent, it's easier for him if it's painted before he moves in, and the extra $200/month will cover that.

we found a management company (referred to us by our sister-in-law) which takes 10% of rent each month, but that was expected... his rent would more than cover our mortgage, except that we have an escrow account to cover our expensive property tax! so if all goes well, at least having a renter will save us a little bit of money (or allow us to spend more haha).

so let me tell you the story of our condo... the one we tried to sell.

we put our condo on the market for the value of our mortgage, and we put down 20% when we bought it. imho it's a really nice place -- end unit, 5 minute walk to all the restaurants/stores, hardwood floors, granite counter tops, big master bedroom (we didn't find any condos w/ comparable master bedrooms in baltimore except one, but that one had a tiny living space downstairs). if we could have, i would've wanted to move back there... but it wasn't meant to be.

we got an offer. a real low-ball offer. initially the buyer wasn't willing to negotiate much, and we turned down her 'final offer.' she then went up to our minimum, and we accepted. btw, this minimum is $30K under our mortgage, and we'd still have to pay $15K in closing costs. the inspection went through. and then the appraisal went through.

but the bank rejected the mortgage application! not b/c of credit score, but b/c they disagreed w/ the appraisal. so they sent their own appraiser out, who appraised it for $25K LESS than the initial appraiser. we were like, no way is it worth that little... the buyer, in a desperate last-ditch attempt, got a third appraiser. i was thinking... why bother, b/c the bank is the one who fronts the money, so if they say no, then what would another appraisal do?... anyway the last appraiser actually agreed w/ the second one. :(

the buyer didn't qualify for the mortgage, and we can't sell our place. we can't afford to go lower than our minimum b/c we won't have any income for 2-3 months after we move, and the thing is, it's unfair, b/c the only sales in the area in the last year were foreclosures, so the appraisers take that into consideration. it's a catch-22... you can't qualify for a mortgage b/c there have been no recent sales, and there have been no recent sales b/c you can't qualify for a mortgage!

so that's how the michigan real estate market is. awesome, isn't it.