Saturday, December 11, 2010
Who's fault? Default!
I promised to blog a little each day, so here it is. Today's main thread of thought has been centered around the utter joylessness of cleaning a house that might not be yours for much longer. Cleaning in general isn't much fun...but cleaning a house the bank is trying desperately to take away from you is reallynotfun!
Today a realtor came to the door - apparently our house shows up in the system as being in default, which makes it fair game for realtors to try to "entice" us into doing a short sale. This will probably become a routine activity, since short sales are realtors' bread and butter these days. Good times, good times.
Meanwhile, whenever I speak to the negotiators at the law firm, they assure us "We will NOT let you lose your house, you are protected!". It's hard to trust anyone anymore. We've been ripped off in the past by a company that swore up and down they could absolutely help us. What if this is another scam? We're out of options if it is, because there's no more money to pay lawyers. Our credit is horrible, so if we do lose the house, we're going to have a hell of a time finding anyone that would let us rent from them. Oh yeah..and we have 4 dogs we refuse to give up (well..there's a yellow lab I can live without) and an entire print shop in the garage by which we mean to make a living. It'll hard to squeeze that into a teeny apartment. Or trailer. Or tent.
Some days I wonder if we even deserve this house. We bought more house than we could afford - but everyone kept telling us "This is how everyone does it, the real estate bubble is NEVER going to burst, you'll just keep gaining equity - you'll never owe more than what your house is worth.". We were stupid. Didn't do our homework, loved this place so much, we just went for it, confident it'd work out. Now here we are upside-down, in default and pinning all our hopes on something a law firm is telling us.
Leap and the net will appear. No net in sight so far.
Maybe it's just further down...