And the answer was. . . No. The bank will not lower the house price to that of the appraisal so we are walking away. We are closing the door on this escrow proceeding and although disappointed, we are filled with gratitude for what we do have. We weren't looking to move, the house found us. If it is meant to be has always been our motto--and apparently it is not. I can't wrap my mind around paying $31,000 over what the house is worth today. The fact that a government agency, Fannie Mae even went so far as to suggest we join their "Homepath Program" so the appraisal wouldn't be an issue completely boggles my mind. Isn't that how the whole housing fiasco started? People paying over inflated prices for their homes and then losing them? This is not a club I am interested in joining. Nor am I wanting to pay PMI for the next several years while we try to gain equity. . .in a house that still needs a lot of work. Paint and new carpet only do so much.
So, I resolve to spend the rest of our summer days not worrying about that house. I resolve to love every second of life in this one. I also resolve to let people know of Fannie Mae's unethical practices because. . .it just isn't right. As is life, always an adventure--knowing we are choosing to walk away makes this a little easier to swallow. a little.
But this was waiting for me this morning, my postcard from the Cosmos. . .
Go with it. Roll, janene. Swerve.
The "unexpected" is just my way of preparing you for more than you knew to ask for.
Bounce back, serpentine, 2-step -
The Universe
I can live with that: )
"Holiness doesn't mean doing extraordinary things, but doing ordinary things with love and faith."--Pope Francis
I am praising God for your resolve. Like you, my family and I were anticipating a relocation. We were expecting a job offer that would move us to another state. So far no call, no offer, no relocation. It still may come or it may not but like you I resolve to be content and to live life here. Disappointing, frankly yes but God lead me to Numbers 22. The whole chapter revealed that God sees what we cannot. We can't see all that He's protecting us from but we must trust and walk in obedience. I'm learning daily to do exactly that.
ReplyDeleteI absolutely love your blog. Keep sharing Truth! You do it well!
Thank you so much, for direction to Numbers 22--I'm a newbie on digging in to His word and letting it seep into the recesses of my heart and mind: )We can learn together to walk in obedience and trust in His plan for us: ) I am learning more about my faith walk during this house buying experience than I ever would have thought possible. Ever.
ReplyDeleteVery good attitude Janene! I'm sorry it didn't work out, that's never a fun feeling or thing to go through, but we just have to keep remembering that to force it would end up being a disaster. Oh, and by the way, sent you a little something yesterday ;)
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