Saturday, April 28, 2007

UPDATE



OK so here is the big update on the whole house situation. We had an investor come to our home on Thursday. He said that he could not just write us a check and purchase our home, but he was interested in it. What this means is that he will try to sell it on contract. We would allow him to assume payments and take over the loan. For some, this would seem a bit scary, but for us it seems awesome. We just found out that one of the reasons we aren't able to sell our home without being upside down, is that the builder who is still completing the neighborhood lowered the price of the homes! Yes, he started selling the same house for less than we bought it 4 years ago! This has really hurt the home sells in this area. Fortunately the subdivision is within 4 lots of being complete. We are really praying that this investor will pull for us. He seemed like an honest man, and was very clear with the fact that if he took over payments, and then sold it, that he would be the one to make money. He didn't tip toe around any topic. He is a member with the better business bureau and has been in business for over 20 years and never defaulted on a loan. Please be praying that this will all work out and we can finally move and not be stuck piled on top of each other! Thanks for all the prayers. Tim and Sarah

2 comments:

Nikki said...

GOOD LUCK~ I hope this all works out for u all I know that u guys need more space to grow into and more rooms to fill~ Love ya ~N~

Michelle said...

Praying it all works out as God has planned!

Jeremiah 29:11 For I know the plans I have for you," declares the LORD, "plans to prosper you and not to harm you, plans to give you hope and a future.