Thursday, April 10, 2008
It's official, our condo is on the market! Now we are beginning a journey into unknown territory. We are selling it for a considerable less amount then what we paid since the market has gone down so much. We are doing what they call a "short sale" meaning the mortgage company has agreed to take less than we owe for it. Unfortunately, with us not living in it we are losing too much money every month with a mortgage, home owners association fees, special assessment fees that the home owners association keeps charging us, and then our rent and utilities here in Ohio. The tenants that currently live in it have expressed some interest in purchasing it so we are really hoping they decide to since then we wouldn't have to worry about getting it cleaned up after they move. We just pray that it wouldn't be on the market too long and that the mortgage company would be quick to respond to any offers that may come in. It's so discouraging to watch the news and everything is about recessions, record high gas prices, foreclosures, and the housing crisis. It's even scarier when we know we are directly affected by all of it. Knowing God is sovereign and in control of it all is our biggest comfort right now. We know that He will work all of this out for His glory and that we just have to continue to pray and seek Him. This has been a huge life lesson for us and I'm glad it happened to us now and not later in life. We just got done reading a great book by Dave Ramsey called "Total Money Makeover" which I wish we would have read years ago! It's really helped motivate us to be in a better place financially. Our pastor actually has couples that he is doing premarital counseling with read the book which I think is soooo smart! If you know anybody getting married buy them this book =) So keep us in your prayers as we are going to have a crazy time ahead of us and pray that God would give us wisdom as we are dealing with a lot of major stuff that we are unfamiliar with! Even though it's easy to get discouraged in times like this we are so thankful for the blessings God has given us! We have a roof over our head, Paul has a GREAT job, we have food in our cupboards (if Goldfish crackers count) we have a beautiful healthy little girl, and a healthy very active baby in my belly =) God is good!