Nice Cabs!
The other day I met with an out-of-town client who said she wanted to sell her condo. She had purchased it last year after selling her Los Angeles house. Prior to her selling her L.A. house, she had paid for a very expensive kitchen to be installed, it was not. Turns out, she had put the exact same kitchen in her out-of-town home and loves it. So much so that she wanted to install it in her condo.
Walking into her condo, the new kitchen was there to greet me, in her living room, on her wood floors. She stood there in front of me and told me how much she wanted these cabinets installed in this old kitchen. Now I’m no contractor but it seemed to me that it would be very difficult to install a kitchen designed for one space to fit into another. My take: sell the cabinets and sell the unit.
The unit was mostly in original condition, and I mentioned to her that most people would redo the baths at the same time they redid the kitchen. She said she since it was just for her, she didn’t mind.
OK. So, it is starting to sound more like she really doesn’t want to sell. Terrific.
My client wasn’t staying long, only a couple more days. I knew I had to stay keyed into this potential sale, so I called my go-to cabinet guy, and he came by the following day. Now the kitchen install seems possible with a bit of construction to make it work.
My client is thrilled and excited that her idea for a new kitchen will work. She is grateful that now she has a plan to put in motion. A plan I generated that will keep me involved. Of course, I told her that now was the time to sell, that she could get her money back including all closing costs and end up in cash. Cash is still King. Not to mention working in condos can be challenging and construction costs more due to the adherence of Association rules.
Stay tuned. Should she do the kitchen or cash out?
