|fabricatedemons (fabricatedemons) wrote,|
@ 2008-10-08 15:01:00
|Entry tags:||real life|
Why yes, I am cranky today.
What a crap day.
So, as it turns out, the people who wanted to rent our house think it may be too small, after all. Goodbye, covered mortgage. Goodbye, extra cash. I have to confess, the real estate market is depressing me. When we bought our house four years ago, we were under the impression that when we eventually sold it, we'd make a nice sum of money. When we met our real estate lady, Jenn, for the first time, we had high hopes. We realized that there were a lot of houses for sale, and that it was a buyer's market, but she thought we could get a good 35k over what we bought it for.
Awesome, we said.
And then the house sat. The funny thing is, it's getting plenty of showings...just no offers. So we dropped the price 5k. Still nothing. Three months later, I'm getting really discouraged. Before we put the damn thing on the market, the AC went out. We installed a brand new HVAC system ($7k) and did a no interest for six months plan because we figured we'd be able to pay it off with the money we got for selling the house.
So then the family came along and said they were interested in renting it, and that was lovely. They said they'd pay a little over what our mortgage was - also lovely. It sucks paying our mortgage and the rent for the townhouse. It's nearly $2k a month. Sucking us dry, little by little.
And now all I can do is pray that we sell this house, because we need to save the money. We had all these plans that are just...dashed, and thinking about it makes me sick to my stomach. Tim needs a new car, but we can't afford one until the house sells. I have no faith in the market or our economy right now, and since I don't officially start making salary for my new job until next payday, things seem grim.
I've never had to worry about money like this before. It's a real shocker, let me tell you. I'm just sick about it.
I can only hope that we might luck out and sell this house. I'd drop it another 10k if I thought it would sell. It's so very depressing.