Today was a test in patience and stress management. The whole situation with the house is proving to be the most frustrating and stressful thing I've ever had to deal with. We met with an investment company at the house today and we were offered our mortgage plus $1000. It was a sad realization that the house had come to that but we were ready to bite the bullet. When we talked to our realtor we learned that we still owed her 3% even though the house hasn't had an ounce of activity and we were "giving" the house away to an investment company as a last resort. This was bad. We sell the house and end up $3400 out of pocket.
Just as we figure we'd cash in some investments and wipe our hands clean, the investment company calls and retracts the offer. Turns out the market is such that they can't guarantee themselves a quick resale and the equity they would have earned in their low offer, would end up being used while they tried to sell it. Basically the same situation we're in. It gets worse...we also get a call about renting it and hustle our butts over to meet the potential renter ...who, as our luck would have it, never shows up!
We have one week to make some serious moves. We had the realtor drop the price of the house as low as possible in the hope we get some interest in it. We have also gotten information about refinancing which would give us a little money as a safety net while we find a renter. At this point I am so ready to say forget the house, forclose on it, and live the rest of Ron's career in military housing. By the time he retired, we'd have built our credit back up. Realistically, we will continue to look for a renter and put it back up for sale next year, when the market looks better. I am mentally exhausted from all the stress. At least it's a learning experience, we will never again buy a house as long as we have to move with the military.
On a positive note, Ella is doing well and I might even have felt the beginnings of a bump in her gums that may actually be a tooth trying to come through. How exciting for her! In the mess of all this house business, Ella, Ron and I are doing great and are more in love with our family each day. Say a little prayer for us that the house falls into place too.