I'M FINALLY 100% HOME FREE! Today, the couple interested in my house finally signed all the paperwork and "closed" on the house. I've wanted to write more about the process and how things were going but for some superstitious reason, I waited until it was all finally over. Gone are the days of throwing away $1,381.44 a month and the $16,577.28 I wasted over the last year in a futile effort to keep my credit score at a decent level. Foreclosure and credit scores really aren't as bad as society makes them out to be, it's all scare tactics fabricated by the banks.
Putting It Into Perspective
From November 1st of 2008 to November of 2009, I had 26 house showing, 15+ open houses and dropped the price $10,000. Pretty much nothing was happening and it appeared that I was going to be sitting on it over another winter wasting my money and time. Then in late October, a couple looked at it several times and made an offer of $148,000 which was $11,990 less than I had it listed at. At this price 'we' would have lost roughly $19,000 split in half. At this point I was plenty happy with the offer and was glad just to get the heck out of the place
As usual, nothing could go easy. I went to court and a probama judge basically did nothing. At this point I was 100% ready to give up, I was worn down to the point that if all I had to lose was a hundred points on my credit rating, oh well. The first thing I did was go out and get a credit card in an effort to help my score while I stopped making payments. As November wore on I waffled back and forth on whether I would make December's payment.
Thanks Upper Management
Then out of nowhere our entire Marketing department got outsourced to a totally awesome marketing agency with super cool audio effects on their home page and we (as in the majority of us) got laid off. "Well that makes my decision easier" I thought. December's house payment was skipped. Ironically if I had made December's payment this entire process would have been pushed back another month and probably cancelled.
In the meantime, for whatever ridiculous reason the people that made an offer on my house still wanted the place, I hated with ever fiber in my body. It was difficult for me to fathom that somebody could desire something I despised so much but I digress. Ultimately all "parties" agreed on a short sale. My credit score would likely be hurt just as much as a foreclosure but at least I wouldn't have to live in hell for another year.
I ended up finally finding a job (at a company I will keep to myself and at a time I will keep to myself and moved to a location which I will keep to myself). As the months (i.e. 3 of them) wore on I started to panic more and more. Would I come home some night and find the place on fire? What about if I woke up one morning and the basement was filled with water? Then there's the furnace, how much longer will that thing last? It looks like it's as old as the house? I was just waiting for Finagle's law to come into effect...but it never did. For those months nothing ever went wrong. I was shocked. "How could this be?" When everything that could go wrong did for the past year nothing did during the short sale process. The place still stands, the basement is dry, and the furnace works like the day it was installed.
Then I expected some crazy amount of money to be due at closing which I knew would be a huge issue, but it never came. $0 was due and it was all over. So here I sit, in disbelief that I'm finally homeless.
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