simka2 Posted August 27, 2011 Share Posted August 27, 2011 Well, it has been a really rough year. As many of you know we have been having a really rough time selling our house since we moved for my dh's work. The house fiasco ended in a rather strange matter. Basically, no one won :glare:. After the bank negelected to look at our paper work when the house went under it's first contract, FHA got involved. A few months later when we got the 2nd contract, FHA had started a specific investigation into our situation. The bank determined that we did not qualify for a short sale :glare:, but since they had neglected to do the original paper work, causing the house to remain on the market 6 more months without us knowing we did not qualify, and because they verbally told us we did qualify, FHA has officially stepped in and said the bank is not allowed to go after us for the remainder of the loan when the bank sells the house. The short version is: Yes, we are being foreclosed on and will have to rebuild our credit. The upside is we are out from under the house. :001_smile: The really good news: Last week we went and looked at a completely rebuilt farmhouse on 210 acres. The house was gorgeous!!!! Redone with hardware and appliances that are true to the original era the house was built (true as in design, I will not be using a 100 year old stove to cook!). Plumbing and electrical redone, a fenced yard, and a 3-4 acre fenced pasture for our horses. There is also a very over grown 1/2 acre garden plot next to the front yard. After going thru 2 interviews....we just found out we have been accepted as tenants!!! I am doing the happy dance!!!! :party: I am so relieved to have found a place with a doable commute for dh, that will allow my kids to have space, and will give us the time to rebuild our credit. Quote Link to comment Share on other sites More sharing options...
Patches Posted August 27, 2011 Share Posted August 27, 2011 Happy for you! :party::party: Quote Link to comment Share on other sites More sharing options...
swellmomma Posted August 27, 2011 Share Posted August 27, 2011 :party: Quote Link to comment Share on other sites More sharing options...
Guest submarines Posted August 27, 2011 Share Posted August 27, 2011 :hurray: Amazing! The property sounds fantastic. Quote Link to comment Share on other sites More sharing options...
Parrothead Posted August 27, 2011 Share Posted August 27, 2011 Well, with the exception of the credit hit it sounds like it worked out well in the end. I'm sorry you had such a hard time getting there. Quote Link to comment Share on other sites More sharing options...
KS_ Posted August 27, 2011 Share Posted August 27, 2011 :hurray::hurray::hurray: Quote Link to comment Share on other sites More sharing options...
Caitilin Posted August 27, 2011 Share Posted August 27, 2011 Yay!!! Happy dance for Simka: :party: Quote Link to comment Share on other sites More sharing options...
Kathleen in VA Posted August 27, 2011 Share Posted August 27, 2011 Great news - very happy to hear things are working out for you finally. Especially love your new home. Sounds like a fun place to live. Quote Link to comment Share on other sites More sharing options...
Impish Posted August 27, 2011 Share Posted August 27, 2011 :party: Quote Link to comment Share on other sites More sharing options...
Aquinas Academy Posted August 27, 2011 Share Posted August 27, 2011 :party:So happy for you! Quote Link to comment Share on other sites More sharing options...
Live2Ride Posted August 27, 2011 Share Posted August 27, 2011 That is awesome! The new place sounds wonderful! I would love a place like that. Quote Link to comment Share on other sites More sharing options...
Firestar Academy Posted August 27, 2011 Share Posted August 27, 2011 210 acres.. :001_tt1::thumbup1: :drool: :drool5: robin Quote Link to comment Share on other sites More sharing options...
LaxMom Posted August 27, 2011 Share Posted August 27, 2011 Excellent! Quote Link to comment Share on other sites More sharing options...
nmoira Posted August 27, 2011 Share Posted August 27, 2011 :party: It sounds wonderful. Quote Link to comment Share on other sites More sharing options...
Moonbeam Jones Posted August 27, 2011 Share Posted August 27, 2011 :party: Congrats! Quote Link to comment Share on other sites More sharing options...
simka2 Posted August 27, 2011 Author Share Posted August 27, 2011 210 acres.. :001_tt1::thumbup1: :drool: :drool5: robin I actually I am somewhat relieved that we are not responsible for all 210 acres. There is a cattle rancher that leases it. I just get to use it for trail riding, expoloration, archery, skeet shooting and anything else I want :D. We get the house, large storage shed, and about 5-7 acres. I cannot wait! Quote Link to comment Share on other sites More sharing options...
CalicoKat Posted August 27, 2011 Share Posted August 27, 2011 :grouphug: How wonderful!!! This IS very good news. :001_smile: Quote Link to comment Share on other sites More sharing options...
thessa516 Posted August 27, 2011 Share Posted August 27, 2011 :party: And Congrats on the new place! Sounds wonderful! Quote Link to comment Share on other sites More sharing options...
QueenCat Posted August 27, 2011 Share Posted August 27, 2011 :bigear: Great news, glad you are able to move on with life, without the burden of the house. Quote Link to comment Share on other sites More sharing options...
justamouse Posted August 27, 2011 Share Posted August 27, 2011 I am so deeply happy for you. Quote Link to comment Share on other sites More sharing options...
simka2 Posted August 27, 2011 Author Share Posted August 27, 2011 I am so deeply happy for you. I appreciate that. I know you have been praying for us and it means so much to me :001_smile: Quote Link to comment Share on other sites More sharing options...
elegantlion Posted August 27, 2011 Share Posted August 27, 2011 :party: It is wonderful to hear such good news. Quote Link to comment Share on other sites More sharing options...
1bassoon Posted August 27, 2011 Share Posted August 27, 2011 :party: Wow, this just makes me grin from ear-to-ear!!!! :D Thanks for sharing the good news with us! Quote Link to comment Share on other sites More sharing options...
Little Nyssa Posted August 27, 2011 Share Posted August 27, 2011 :001_smile::001_smile::001_smile: Quote Link to comment Share on other sites More sharing options...
ChiMomNP Posted August 27, 2011 Share Posted August 27, 2011 Yeah!! Congrats! Enjoy the new home! :D Quote Link to comment Share on other sites More sharing options...
Hedgehog Posted August 28, 2011 Share Posted August 28, 2011 That is great news!! I'm really pleased for you! :hurray: Quote Link to comment Share on other sites More sharing options...
LauraGB Posted August 28, 2011 Share Posted August 28, 2011 :party: Quote Link to comment Share on other sites More sharing options...
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