Property Purchase Update
8th Avenue Property Purchase UPDATE
8th Avenue Property Purchase UPDATE
8th Avenue Property Purchase UPDATE
Greetings, The seller at 133 8th Avenue turned down our counter offer. We will get our earnest money back ($1,000.00). I am fine with this, I believe we are being prudent with our funds in the current financial environment. The other offer is still moving forward, the title company has to resolve some minor issues…
Greetings fellow board members, Patrick, Marylee and I have collaborated on a brief summary and description of our property. Hopefully this will help you keep track of things as we proceed. Follow this link: http://www.fairbanksyouthadvocates.org/board/fya-properities/ All the best, Dave Miller
Greetings, Our offer to purchase the big green house and vacant lot were accepted. We are waiting for the title company to clean up a few minor issues, then we will close. Our offer to purchase the little rust colored building was countered. We offered $50,652. The seller countered at $61,500. I would like to…
Greetings, I met with our Realtor today and we made formal offers on the three properties the BOD approved in our last meeting. We should be hearing a response within two weeks or so. All the best, Dave Miller
Greetings, Just to follow up from our meeting last night… I met with Dean Gufstason today. We should invite him to a board meeting. I think he would fit our board easily. I spoke with Corinne (our realtor) this morning. She is in Arizona with her daughter who is going through chemo, say a prayer…
Greetings, In our last board meeting we had an informal discussion about the proper use of the funds donated by the Don Yochem. As we prepare for our next meeting, here are some considerations: One board member mentioned the possibility of retiring the loan on 128 10th. I think it can be reasonably stated that…
Greetings, Today we closed on the three lots adjacent to our property. The process went very well, turns out we closed on the exact day that we proposed three months ago. Marylee and I are working together for a smooth transition of utility bills, insurance and other items necessary. The purchase price was $210,000. We…
Greetings, We have requested an extension from the seller so that we will have enough time for the courts to dispense funds. We decided to make our earnest money non refundable in order to keep seller comfortable and not out looking for another buyer. All things considered, we are doing well with the process, of…
Just a quick note. We have communicated with the seller through the realtor that we are waiting for a ruling by the court. The seller was fine with waiting until we hear a decision, so we don’t need to add money to the offer at this time. As soon as we hear something, I will…
Greetings Fellow Board Members, Last week, we made a formal offer to purchase the three adjacent lots. The seller was asking $225,000.00. We offered $200,000.00. The seller countered our offer with a sales price of $210,000.00. Today, we accepted the seller’s counter offer and so we are officially under contract to purchase these properties. We…
We met with realtors this week and formalized our offer to purchase for the adjacent properties we talked about in the board meeting. The seller’s agent seemed pleased with the specifics of our offer and was going to meet in person with the seller early next week. We asked for 90 days to come up…
Fairbanks Youth Advocates roof PROPOSAL 3005-B-3 We already approved this at the last board meeting. At your request, we asked Nathan for an update and more details. Please see his new proposal. The amount has not changed. m
I just want to inform you of a recent development. Last Friday, I spent an hour talking to two gentlemen representing a benefactor who wished that his funds be given to an agency helping teens 17 and under. They did not tell me how much it was. They would prefer to purchase something concrete and…