Showing posts with label my mortgage company can bite me. Show all posts
Showing posts with label my mortgage company can bite me. Show all posts

Monday, August 31, 2009

Maslow can kiss my behind


The very bottom of Maslow's hierarchy is really no place for a woman my age with three kids to support and a houseful of furniture and dishes. I don't know if I'll ever see the top.

We're still searching for new housing. Since we put up our beloved home for a short sale, there has been a flurry of activity, as in showings every day. Last summer, our house was worth $359G's. Now it's listed for $175G's. The fact that the bank will take that kind of money in a short sale, but wouldn't renegotiate to our proposed $225G's is leaving me more than just a little bitter. Yes, bitter and angry.

But I must remain positive and focused. Here are the choices left to us now:

1. A wonderful fixer-upper with great bones and a double lot. An investor friend will buy it and rent to us for a year, then we'll pay off with a loan. We are still searching for an investor to put up the $ needed for renovation. If you know one, send them my way! This place is great and I know I'd love living there.

2. A small, and I mean small, townhome to rent. It needs nothing - move in ready - but small. But our kids can ride the bus to and from school, and everything else is a bike ride away. AND it's just doors down from two of my best blogging and real-life pals.

3. A large townhome to rent that needs work, but the owner wants us to do work in lieu of some rent which is a GREAT deal. But it's quite far away from everything we do. AND the school wouldn't bus my kids from there.

Wonder if Maslow had these kinds of problems?

UPDATE: Option #2 was just rented to someone else