Annoying!

Yesterday during my drive into work I realized I left my running shoes at home.

SO annoying!

If I forget to pack socks in my gym bag I can still make due, but I can’t run without my running shoes. I guess I could give barefoot running a try but I don’t want to. I am terrified of things stabbing me in the bottom of my foot. I don’t even like to walk barefoot around the house!

I’m pretty sure this foot fear stems from a childhood friend once stepping on a screw and getting it stuck in the bottom of her foot. I could be misremembering that — or it could have been something I saw on tv — or just an irrational fear of mine that I’m remembering as being real! Who knows but the fear is REAL! I even get anxious when I see other people walking around barefoot.

One time I watched a scene in a running documentary that showed Anton Krupicka running barefoot in some grass … oy. I legit had to look away until the scene was over!

Since I forgot my running shoes I decided I would just go home after work and run on the treadmill.

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I’m becoming seriously spoiled by these air conditioned runs! I need to get back outside asap before my heat conditioning wears off :).

When I was done with my run I treated myself to a smoothie. Generally speaking my rule is that I get a nice cold smoothie after a super hot outdoor run but you know what? I just really wanted some mango.

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So, you might remember that Adam and I were planning to put an offer in on a condo. The night before we put the offer in we did a TON of research on the condo market in our area. All the research indicates that right now a lot of sellers are trying to cash in by selling at inflated prices in our area.

In addition to online research I reached out to a local real estate investor to ask him what he thought about the condo buildings Adam and I are considering and he was able to give me SO MUCH INSIGHT. If anyone else is looking to purchase a house or condo I would highly suggest getting in touch with an experienced local real estate investor whose willing to chat with you. This investor was able to tell me about land leases for certain buildings, what is being planned to be built on empty lots near other buildings, etc.

For instance, there is one high rise we’re looking at that has an empty lot across the street from it. I was worried that if another high rise went up there it would block my view — but he said a Whole Foods is planned to break ground there in the next year. That’s really great insight that no one else was able to tell me about.

After learning more about the market conditions I realized the offer we were going to put in on the condo would probably mean we would be overspending. At the same time I knew if we put in a lower offer we likely wouldn’t get the condo.

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As much as I loved the condo the last thing I want to do is make a bad investment, so we put in a lower offer than we originally planned and it was rejected. I wasn’t totally surprised but I was a little sad since the condo had such great views of the ocean and the city. The condo is still on the market and maybe the seller will eventually lower his price.

That being said the investor told me he wouldn’t personally buy in that building because the association leases the land from the county and when the lease is up the county will jack up the prices and the association will have to increase the HOA fee — which is already almost $800/mo. Not for nothing, but that’s already almost another mortgage payment on top of the mortgage payment. If I was living there and the HOA fee went up I might have to start selling Cecil’s very soft fur on the black market.

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To be fair he does have the softest fur of any cat ever and I believe I could get good money for it.

Anyway, that is probably WAY more than you ever wanted to know about the condo real estate market in Fort Lauderdale. If you read through all of that you are a good friend! Let me know anytime you need someone to listen to you ramble on about things like I just did and I’ll be your girl!

Happy Thursday :).

When you found your house did you just know it was THE ONE?
What’s your favorite smoothie combination? 

17 comments

  1. Lisa @ Running Out Of Wine

    Thats annoying about the condo but it sounds like it worked out for the best. Im sure you will find the perfect place!
    Running shoes are the worst thing to forget when planning a run after work. At least you had the option to run on the treadmill when you got home!
    Lisa @ Running Out Of Wine recently posted…Injury Recovery and NutritionMy Profile

    1. Kristina

      Thanks Lisa! It’s so hard finding a place that Adam and I can both agree upon. It was so smart of you to build your own house! I wish houses were more affordable here!
      Kristina recently posted…Annoying!My Profile

  2. Sam

    So my first home purchase was not a good investment and now I’m stuck owning it with my ex. We have had it for 7 years and we still can’t sell it. It sounds like you’re being really smart about things so good for you guys. Being unable to sell a property later on down the road is the worst.

    1. Kristina

      Oh no, that really sucks. I hope you’re able to find a good buyer soon. Adam’s mom had her house on the market for several years and it just finally sold for near her asking price. The right person will come along!

      When we put the offer in on the condo the seller’s realtor came back and said the seller isn’t able to negotiate price because he has to pay off the mortgage. It stinks though because my heart was saying YES but my mind was saying no. It’s such a beautiful condo :(.

  3. Heather [is probably running]

    The HOA feel is 800/month!? Damn I thought I was getting screwed with my 250/month. I’m guessing cost of living in Ft. Lauderdale is much higher than Ann Arbor. Yikes!

    PS: I saw Kate Spade just released a cat inspired collection. I know we share a love of cats and kate spade so I thought you should know 🙂
    Heather [is probably running] recently posted…A lesson in time managementMy Profile

    1. Kristina

      THANK YOU FOR THE TIP ABOUT KATE SPADE! I’m definitely ordering that cute bracelet… and maybe the necklace. And maybe the black ballet shoes 🙂

      When we first started looking at condos I almost fell over when I heard what the HOA fees were. We looked at once place where the HOA fee was over $1,000! Included in the fee was Internet and cable so I guess that’s something?

  4. Karen

    It is great you found someone to give you such good insight! I am sure they will be plenty of great places to check out. $800 just for HOA fees is a bit scary!
    We were in a time crunch when we were looking and had just a few options. I have never really like my house and it needed to too much work when we moved in, and almost 20 years later it needs even more. If you have time, take all the time you need so you get what you want 🙂 Cecil needs his fur.
    Karen recently posted…Five O!My Profile

    1. Kristina

      Hahahah Cecil agrees that he needs his fur 🙂 Although I’m skeptical because he seems to allow it to shed all over the place!

      The lease at our apartment isn’t up until January so we do have some time. And they’ll let us go month-to-month (at a VERY high rate) after that so even if we can’t close by January we’ll be okay. I’d love if the timing worked out so that we didn’t have to pay the early termination fee on our lease AND we didn’t have to pay the high month-to-month fees! That’s the dream but I don’t know if that will happen. Unfortunately there isn’t a lot of inventory in our price range. Now if we had a million dollars to spend… 😀
      Kristina recently posted…Annoying!My Profile

  5. Running schlub

    Ok I’m calling out the elephant in the room…getting spoiled with these inside runs…you gotta get back outside, you don’t want to lose that heat training. Ok full disclosure I’m just jealous cause I can’t run as much as you can on the treadmill lol.

    Good Lord 800/month in HOA fees?!?! I’m with Heather, ours just went up to 210/month and I was crying over that. Wow!!
    Running schlub recently posted…The Manitou InclineMy Profile

    1. Kristina

      An HOA fee of just $200 sounds like a dream! Sign me up for that!

      I’m running outside tonight. I remembered my shoes! 😀
      Kristina recently posted…Annoying!My Profile

  6. Ana

    Wow ! That is a lot of really interesting real state info about Fort Lauderdale! Last we were there, we saw lots of new buildings going up, and we were stuck in lots of traffic.

    I’m intrigued by your fear of running barefoot… where do you think it comes from?
    Ana recently posted…Running SafetyMy Profile

    1. Kristina

      There ARE so many new buildings going up. Unfortunately the majority of them are rental buildings. Because houses and condos tend to be expensive in the downtown and beach area it’s tough for a lot of people to save up enough to put a down payment down to buy. I know many of my peers in other cities bought houses in their early 20s while Adam and I are just ready to buy now… and if we had kids I can’t imagine being able to save enough to put 20%+ down plus pay these crazy HOA fees!

      …. And there is even more info about fort lauderdale real estate that you don’t care about! hahaha Sorry!

      I’m not entirely sure where the barefoot fear comes from. I have a vague memory of someone I once knew stepping on a nail or a screw and it getting stuck in the bottom of her foot. I think it comes from that!

      1. Ana

        No, I find it all so very interesting! When I was married my ex-husband and I bought a house, right before the housing market crash, he kept the house. So I’m in my 30s and have no real plan to own a house… I have a son, and you are right, having a kid, plus thinking of owning a house, I would have to get a second job.

        Your story of stepping on a nail is like the story of my life… except I don’t learn. When I was about 6 or 7, I stepped on a nail, not too severely, but I was convinced that I was going to die of Tetanus! But I never told my mom, because I was scared she would yell at me. Imagine that!
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  7. Ali @ Hit the Ground Running

    I’ve nearly forgotten my shoes before because I tend to drive to my starting spot barefoot and then put on shoes when I get there. I’ve been better about it lately!

    House hunting is the worst. I hope you guys find something you really like and want soon!
    Ali @ Hit the Ground Running recently posted…I have a Radio so I’m basically a Secret Service agent nowMy Profile

    1. Kristina

      Oh no!! Driving barefoot! What if you stepped on something in the garage? Ali, I am so worried for you now!!!
      Kristina recently posted…Annoying!My Profile

  8. Megan @ Meg Go Run

    WOW I am glad you found someone who would give you such good insight. $800 a month!??????? That is 2/3 of my actual mortgage. How much is the average HOA in those parts? I what does it cover???????????? It is interesting to hear about your home buying experience because it is a whole new world for me to read about!

    We knew this house was THE ONE as soon as we stepped in the front door. So there were no pictures online yet as it literally was on the market for ONE DAY when we went to see it. When we pulled up outside, I hated it. Light blue siding and GREEN ASTROTURF on the front stoop. I hate siding. And my grandparents had astroturf.

    But when we walked in, the front room had wooden floors, a piano against the wall, and a siamese cat perched on the back of the couch. It was absolutely perfect. I loved everything on the inside accept that the owner had a picture of George W. Bush on the wall. Ew. Now there is a picture of Chrissy there. We have since painted the outside of the house and ripped up the astro turf. Since the house was only on the market one day and we WANTED IT we had to give them asking price but did get $5000 seller’s assistance. It worked out really well. It wasn’t over price, and considering the actual cost of the home, $5000 was a decent help to use then we didn’t have to fork over money for closing costs, we could use all our cash as a down payment.
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    1. Kristina

      The HOA fees around here vary pretty wildly. We’re looking at one townhouse where the HOA fee is only $430/mo and that includes pool maintenance, landscaping/lawn maintenance, insurance, property manager, building repairs, trash and water. Since it’s a townhouse it doesn’t have any of the amenities that the condo buildings we’re looking at have.

      We’ve seen condos in about four different buildings now and the HOA fees have ranged from $550 to over $1,000/mo. All of these buildings include large rooftop pools, full sized gyms, hot tubs, valet parking for owners, 24 hour security, 24 hour front desk, etc. Some of them include cable and Internet in the HOA and others don’t. One has a meditation garden that they upkeep.

      Most of the HOA fees for the condos are pretty high because Fort Lauderdale owns the land that the buildings are sitting on. The condo associations have to lease the land from the city and then they pass that cost on to unit owners. You generally pay more in HOA fees the bigger your condo unit is because of this. That’s what my new investor friend told me anyway :).

      I’m sure we have some of the biggest HOA fees around because my mortgage broker told me she’s rarely heard of them going as high as the unit we put an offer in on — the HOA fee for that one was $778/mo.

      Everything in the downtown / beach area of Fort Lauderdale tends to be pretty expensive from a housing perspective. What Adam and I pay in rent each month is probably more than what we’ll pay in mortgage + HOA payments once we buy a place. And because a lot of people want to live here even the rental buildings like we live in now are super picky about who is allowed to live there. We had to provide our W2s and pay stubs with our application to move in to prove that our rent would be less than 15% of our income. I thought that was pretty crazy just to rent a place.

      That’s so awesome that you just knew when you walked in to your house. I hope we have that feeling at one of these places! Adam actually found a place tonight that he’s in love with based on the pictures. He said it’s The One. I’m not so sure about that but I think we’re going to go see it on Sat. It’s in a great location so I’m hopeful!

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