This past weekend, my family and I moved my furniture to
a new condo. It was a lot of work, and I sure did not
want to have to do it; but it did have to be done. My
old house is now vacant or at least almost vacant. I
still have a few things there that I will have to move
this coming weekend, but that will only be a few car
loads - mostly clothes and paperwork.
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It was certainly a sad weekend, but I braved it pretty
well. I have not shed any tears over it although I have
come pretty close. I keep telling myself that it is just
a house and just money. I still have my health and my
friends and my family.
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The move was prompted by, of course, my upcoming
foreclosure. Although I have not officially been served
any sort of legal notice with a specific date or
anything, I will surely be served paperwork in the very
near future. I have not paid a mortgage payment since
November 2007 and here it is already almost April 2008.
The banks and I have had phone calls and traded letters
and faxes (no emails as banks seem to not have yet
adopted emails) - all to no avail. Until the principal
is reduced, I can no longer afford that beautiful house,
and it will have to go back to the bank as a foreclosure
or be sold in a short sale.
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Oddly enough, the very same day that I moved out of the
house, my real estate agent had a phone call from a
couple who wanted to look at the house. I had just
dropped the price to just below five hundred thousand
dollars (It is currently at $499,900). The couple told
my real estate agent that they had been watching the
house for months. Apparently, the price reduction put it
in their reach.
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Of course, the banks still have to agree on a short
sale. Although the couple has not put a contract on the
house yet, I will be calling the banks today to check on
their agreement to a short sale. I few weeks back, I
faxed them a letter asking for short sale consideration.
That couple never made an offer on the house so I did
not go back to the bank to see their decision. Now that
a contract looks likely from this other couple, I hope
that the bank has had time to consider their options and
are favorable to a reduced price on the house. I am not
going to post this blog entry until I call the banks and
get their answers (time now 12:24pm CST 03/31/08).
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.......
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(5:57pm CST 03/31/08) I tried the 800
number for the mortgage company. The telephone company's
recorded operator message stated that the number is no
longer available. I will try back later. Of course,
their email address on their web site has been deleted
as well.
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