Personal Journal: the strategic default of the house we purchased in 2006

Tuesday, July 5, 2011

Oh Bother!!! or Adventures in Missing the Point.

As my favorite stuffed bear might say, "OH!! Bother".  

In lieu of foreclosing,  starting Friday, our landlords are short sale-ing ("short saling" the verb has not been invented yet) this house.  Since they are not paying for this house, they are kind enough to ask us not to pay rent, which is nice for now.

So, Friday.......  That is the day that folks will start tromping through my house.  Next Wednesday will be the day I leave to go to Europe for the rest of the summer to teach English (don't worry, my house will be occupied, by bouncers and armed leprechauns).

We recommended our realtor to our land lord, so now our realtor is selling our house for our land lord, while we are hoping to buy this house from our land lord/B of A.  He did short sale our other house without a hitch.  What is not recommendable about that?  Here's what:  Now, the person helping us find a house is selling our house.  He said we need to make an offer before we leave next week.  NEXT WEEK?  I'm busy next week.

I though, sure, great, whatever.  Really though, I am not sure I want to run our side of escrow from Europe.  I don't want the pressure of financing, and inspections, while I am away.

It seems before you do something big in your life, there are always distractions.  Your best girlfriend decides she HATES you the week before she stands up for you in your wedding.  Your dog gets expensively/mortally sick before a big trip.  Life is an adventure in missing the point.  I want to go teach English at camp for the next several weeks and not think for five minutes about the roof over my head.  Of course I have not been thinking of it much, but now that I am leaving for a LONG time, it seems pressing.

Real estate stinks.  Plain and simple from my perspective.  If this house we live in is still for sale when we get back, then we will make an offer.  I will be sad to miss an opportunity to live in this house for longer.  I also will wonder if I missed an opportunity at another place somewhere else.  There is no winning at the game during this state.  Prices will still go down in the next year, and we will wonder if we could have something better somewhere else.

Every time I go teach English abroad, I have come home a different and better person.  I am banking on that this year especially.  I am okay leaving, knowing I might not get to buy this house, as someone else might beat me to it.  It is uncomfortable, yes.  If you read this blog at all, you know I am getting better at letting myself be uncomfortable.  That feeling is not fatal, just difficult.  Mostly it requires fortitude and integrity.  I've got tons of those!

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