What’s not to like about Paris? Every time I visit, I marvel at its beauty, eat some great meals, and try to act Parisian by sitting on a park bench for an hour or two - trying my best not to text or scroll through the latest kitchen and bath trends on Instagram - watching the birds and people. On one visit, my son Max performed Saint-Saëns Concerto No. 4 at the Théâtre Adyar with the Concorde Sinfonia, Benjamin Christ, conductor.
Yeah, that was pretty great.
But as much as I enjoy Paris, I don’t sell houses there. And I don’t have a clue how transactions are conducted. So imagine my, er, surprise this week when one of my sellers received an offer contingent on the sale and closing of a residence in Paris.
Frankly, I have issues when a contract is contingent on the sale of a home in Park Ridge. When a contract contains a sales contingency, the seller is blindly shifting focus from the sale of their home to the sale of another one over which they - nor I - have little or no control. This is especially true when I can’t help my seller assess the probability of the sale, the market in which the buyer lives, or the true risks associated with accepting this kind of contingency.
Certainly if a property has been on the market for a while, I might be more inclined to encourage my seller to consider a sales contingency. But only after we have thoroughly evaluated that property and its potential sale.
In this instance, my seller and I took little comfort when the buyer’s agent attached an offer the buyer received on their Paris property. In French. Ah, ok. Jeesh, what does one do with that???!!!
|
After a wreath is laid at the eternal flame in Daley Plaza at 11am in remembrance of those who died serving in the U.S. armed services, Chicago's annual Memorial Day Parade marches down State Street (from Lake to Van Buren streets) beginning at noon. Crowds line the street waving flags and paying their respects as part of this Chicago tradition, which dates all the way back to 1870.
|
Belmont-Sheffield Music Festival
|
6 Bed | 4.1 Bath Lakeview
|
3 Bed | 3.1 Bath Michigan Avenue
|
3 Bed | 3.1 Bath Michigan Avenue
|
5 Bed | 4.1 Bath East Lakeview
|
950 N. Michigan Ave, #2203
3 Bed | 3.1 Bath Michigan Avenue
|
2751 N. Greenview Ave, #F
5 Bed | 4.1 Bath Lincoln Park
|
900 N. Lake Shore Dr, #1109
3 Bed | 2.1 Bath Streeterville
|
3150 N. Lake Shore Dr, #5F
3 Bed | 2.1 Bath East Lakeview
|
3750 N. Lake Shore Dr, #2F
3 Bed | 2.1 Bath East Lakeview
|
1 Bed | 1 Bath Near North Side
|
|
3200 N. Lake Shore Dr, #2901
3 Bed | 3 Bath East Lakeview
Spectacular penthouse with
To be offered at $1,400,000
|
710 W. Junior Terrace, #2 & G
4 Bed | 3 Bath Buena Park
Knock-out vintage renovation with driveway, 2-car garage & optional garden studio.
To be offered at $1,125,000
Optional garden unit $150,000
|
3 Bed | 2.1 Bath Michigan Avenue
Unbelievable opportunity: partially gutted 2,700 SF southeast corner home at a huge discount.
To be offered at $1,195,000
|
4 Bed | 2.1 Bath Sheridan Park
Absolutely delightful full-floor vintage treasure with terraces and 2-car garage.
|
|
Modern. Vintage. Architectural. Cool.
|
And everything in between.
|
Check out previous "Into the Weekends" here.
|
|
© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass Real Estate is a Licensed Real Estate Broker with a principal office in New York, NY and abides by all applicable equal housing opportunity laws. All material presented herein is intended for informational purposes only, is compiled from sources deemed reliable but is subject to errors, omissions, and changes without notice. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
marketingcenter-midwest-chicago |
|
|
