So I forgot to blog about it, but on Halloween, it was my official 1 year anniversary of being back in Erie from Virginia! Yay!
Shane's anniversary won't be until November 14th. He had to work a little longer in VA so we had to live with out each other for two weeks (waayyy too long. Sniff, sniff!)!
We are still facing the effects of selling our house at the bottom of the market (when we bought it at the very tippy top), but we are trudging through and praying lots and hoping that one day this will all be behind us.
But besides that and coming home to Erie's worst winter ever and worst summer ever (I swear it wasn't our fault!), we are definitely enjoying being home! We still feel like we don't see our friends and family as much as we would like to, but it's a lot better than it was!
We both enjoy our jobs (for the most part), and today marks my 1 year anniversary at my job! Woo-hoo! I made it a year!! And hopefully will be there for a LOT longer! So appreciative and blessed to have the job I do!
Looking forward to what Erie has in store for us in the years to come!
Showing posts with label housing market. Show all posts
Showing posts with label housing market. Show all posts
11.03.2009
10.22.2008
I Thought It Was Getting Better . . .
I thought it was getting better . . . . boy was I wrong!
And so . . . yep . . it begins:
The first realtor we met with gave us the puke inspiring price . . . then we met with someone the next day who made us feel A LOT better . . . as in $30K better . . . but we then decided we wanted to work with our realtor that helped us buy our house . . . . we just felt more comfortable with her and trusted her more. She suggested a starting price in the middle (without knowing what the other realtors were going to list our house at) . . . but we naturally decided to start our house out at a selling price a little higher than what was said to us. . . . well, we already lowered it $10K from Saturday, and will probably lower it again soon.
This Fredericksburg market is just crazy!!! There are loads and loads of foreclosures and short sales that are plummeting all the house prices, and I hear that it is only going to get worse. I heard that a bunch more adjustable rate mortgages are going to expire at the end of this year, bringing even more inventory of foreclosure homes on the market. . and yep . . . you guessed it! . . .bringing even lower sales prices!
I did hear that the Erie market is pretty stable though, so if you live in Erie, you probably aren't really seeing these effects. . .. thank goodness!
I just want everybody to know that you hear about this on the news and think . . gosh I'm glad it's not happening to me or maybe you almost feel like it is not real . . . well let me tell you . . . it is real! And the worst part . . Shane and I have amaazzzzzing credit. . . like almost 800 credit. But after this house, who knows where it will and who knows how much we will lose?!!
Today I spoke with my relocation real estate person (different than the lady who is actually going to help us sell our house) . . . she is here to supposedly give us truthful, solid advice. . . well blah! I want to go back to the dream world, because I can't take this real world crap. She pretty much said that the probable selling price of our house would be less than what the first realtor even wanted to list our house at!! Ugh! Can you say instant tears and headache?!
So yes folks, . . . it is getting harder. . . I keep saying to myself "is it REALLY worth it"? Do we really want to move back to dreary Erie THAT much?!
Answer: Yes. We have been saying this ENTIRE time that our families and friends are the most important things to us. Money is money. . . and although it is SOOOOOOOO hard to say that . . and even harder to believe it. . . . if we lose over $70-100K on our house in a year . . . yeah. . that sucks. . . bad. . . but to be with the ones we love . . well, it almost makes it all better! Ha! No seriously. We will be ok. I need to just keep telling myself that. I need to just keep trusting in Him.
But . . . if anyone has any suggestions as to if we should just not pay our mortgage and make our house go into forclosure so we don't have to pay more than what our house is worth . .. or should we do a short sale or should we rent our house or should we just stay here (that's not really an option though), or should we just pray? . . . A LOT . . . pleeeeeaseeee let me know. I am begging.
And so . . . yep . . it begins:
The first realtor we met with gave us the puke inspiring price . . . then we met with someone the next day who made us feel A LOT better . . . as in $30K better . . . but we then decided we wanted to work with our realtor that helped us buy our house . . . . we just felt more comfortable with her and trusted her more. She suggested a starting price in the middle (without knowing what the other realtors were going to list our house at) . . . but we naturally decided to start our house out at a selling price a little higher than what was said to us. . . . well, we already lowered it $10K from Saturday, and will probably lower it again soon.
This Fredericksburg market is just crazy!!! There are loads and loads of foreclosures and short sales that are plummeting all the house prices, and I hear that it is only going to get worse. I heard that a bunch more adjustable rate mortgages are going to expire at the end of this year, bringing even more inventory of foreclosure homes on the market. . and yep . . . you guessed it! . . .bringing even lower sales prices!
I did hear that the Erie market is pretty stable though, so if you live in Erie, you probably aren't really seeing these effects. . .. thank goodness!
I just want everybody to know that you hear about this on the news and think . . gosh I'm glad it's not happening to me or maybe you almost feel like it is not real . . . well let me tell you . . . it is real! And the worst part . . Shane and I have amaazzzzzing credit. . . like almost 800 credit. But after this house, who knows where it will and who knows how much we will lose?!!
Today I spoke with my relocation real estate person (different than the lady who is actually going to help us sell our house) . . . she is here to supposedly give us truthful, solid advice. . . well blah! I want to go back to the dream world, because I can't take this real world crap. She pretty much said that the probable selling price of our house would be less than what the first realtor even wanted to list our house at!! Ugh! Can you say instant tears and headache?!
So yes folks, . . . it is getting harder. . . I keep saying to myself "is it REALLY worth it"? Do we really want to move back to dreary Erie THAT much?!
Answer: Yes. We have been saying this ENTIRE time that our families and friends are the most important things to us. Money is money. . . and although it is SOOOOOOOO hard to say that . . and even harder to believe it. . . . if we lose over $70-100K on our house in a year . . . yeah. . that sucks. . . bad. . . but to be with the ones we love . . well, it almost makes it all better! Ha! No seriously. We will be ok. I need to just keep telling myself that. I need to just keep trusting in Him.
But . . . if anyone has any suggestions as to if we should just not pay our mortgage and make our house go into forclosure so we don't have to pay more than what our house is worth . .. or should we do a short sale or should we rent our house or should we just stay here (that's not really an option though), or should we just pray? . . . A LOT . . . pleeeeeaseeee let me know. I am begging.
10.13.2008
I'm going to puke . . .
This isn't going to be a fun post. Sorry. I usually try to keep these things exciting and fun and happy, but right now it is really hard . . . .
We just had a realtor come to talk to us about our house. $40 freaking thousand dollars. That is how much we would owe after we paid off our mortgage and paid all the fees and such based on what we could sell our house for. Ugh! Seriously. It makes me so sick. I don't know what got this economy the way it is, but I am not very happy about it. . . at all. That doesn't even include the $30K we put down for a down payment . . so I guess in essence we would be losing $70K . . oh wait . . that doesn't include the new roof we put on, the new deck we put on, the new closet we added, the landscaping we did, the painting of the entire outside of the house, the painting of pretty much the entire inside of the house, the epoxy paint we put on the garage floor, the new mailbox, the updated tile in the bathroom, the new kitchen light fixtures and hardware . . I feel like I am missing some things, but omg . . . it makes me want to puke and cry and just run away . . and I hate to say it, but it makes me not want to go back to Erie. :-( We just can't afford it.
I don't know what is going to happen . . . I just know that right now I hate houses, I hate that all the work we have put into our house in the past year, all the money that we have saved, all of the hours we slaved making this house the best it could be, it is all worth nothing . . it is all taken away. . .
Just like my last post, the only thing I can do is look to God, and trust that He will provide for us in these hard times. But. . . ugh . . even that is so hard right now. :-(
We just had a realtor come to talk to us about our house. $40 freaking thousand dollars. That is how much we would owe after we paid off our mortgage and paid all the fees and such based on what we could sell our house for. Ugh! Seriously. It makes me so sick. I don't know what got this economy the way it is, but I am not very happy about it. . . at all. That doesn't even include the $30K we put down for a down payment . . so I guess in essence we would be losing $70K . . oh wait . . that doesn't include the new roof we put on, the new deck we put on, the new closet we added, the landscaping we did, the painting of the entire outside of the house, the painting of pretty much the entire inside of the house, the epoxy paint we put on the garage floor, the new mailbox, the updated tile in the bathroom, the new kitchen light fixtures and hardware . . I feel like I am missing some things, but omg . . . it makes me want to puke and cry and just run away . . and I hate to say it, but it makes me not want to go back to Erie. :-( We just can't afford it.
I don't know what is going to happen . . . I just know that right now I hate houses, I hate that all the work we have put into our house in the past year, all the money that we have saved, all of the hours we slaved making this house the best it could be, it is all worth nothing . . it is all taken away. . .
Just like my last post, the only thing I can do is look to God, and trust that He will provide for us in these hard times. But. . . ugh . . even that is so hard right now. :-(
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