Saturday, April 13, 2013

Getting Excited About Our New Home


3-11-13 6:18am Mon. (1)
      We haven’t even closed the deal yet for the fourth floor condominium on Shui-Jing Street and already I am looking for a Jacuzzi, juke box, and outdoor furniture. Leona and I went to the apartment again with Jenny who thinks it’s great at a great price. She took a lot of photos and talked with Leona about improvements and problems. For example, the large living room could be separated from the dining area by a sliding partition which would save money in air-conditioning. The air-conditioning unit in the living room wouldn’t have to block the window space so we could have more light come in. The office/library could be air-conditioned despite the window being inside the enclosed patio by running a line to a unit on the outside area. Before we start buying anything we have to have our deal bargained by Jenny, accepted by the owner, the property appraised and mortgage approved by the bank here; we would use the home –equity money from TD bank only for the down-payment since a mortgage here is less interest than the loan from Brooklyn. The condo would initially be under Leona’s name to save paperwork and government approval (Leona’s a citizen, I’m not) but my name would be added to the ownership in a petition allowed for co-ownership

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