Living with the in-laws Week 4-5 and a Home Update
June 26th, 2012 | 6 comments
Thanks to all those who guessed where various vacation photos were taken. if you still want to guess and win one of my books, you have until Wednesday night to do so. I’ll announce the three winners Thursday morning. You can guess here, here, here, here, here, and here.
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Since we’ve been on vacation most of the last two weeks, our interaction with the in-laws has been minimal. As a result, we all still love each other and are getting along just fine. And it is nice to sleep in my own bed again even if it’s technically not my own bed.
So while things continue to go well with the in-laws, our short sale is not. The day before we came home the realtor called us and told us that it’s going to be at least more six months before the short sale is going to go through. Apparently more government “assistance” programs have popped up and the couple is going to apply for them. Never mind the fact they haven’t made a mortgage payment in approximately two years and won’t qualify for any of the programs. Instead it’s a delay tactic to stay in home without having to pay anything until the end of the year.
This puts us in a bind. Even though the in-laws have told us we can stay with them as long as we need to, that simply isn’t an option. We need to get our kids in a more permanent place before the school starts at the end of August. So that means we have to rent buy a new place. (The problem with the latter is that there isn’t much out there worth looking at.) Right now we’re leaning toward renting but don’t want to get stuck in a long term agreement in case something changes with the short sale which really limits our options. We’ve got eight weeks to figure out a solution.
The clock is ticking.
Time to figure out a solution.
Entry Filed under: life in Utah
That’s too bad about the house. I thought your short sale was on one already vacant and not still occupied by the ppl who’d been foreclosed on. If they are that determined to hang on, can you be sure that they will leave the place in livable condition when they are finally forced out? Desperate ppl are unpredictable Hope you can work something out.
Most of the short sales out here are owner occupied. It’s possible they could trash the place but if that’s the case we don’t have to buy and are no better off than we are right now. At least the rental market is looking good at least for a short term solution.
will send prayers and good thoughts to you and your family … can imagine this does not seem like an optimum situation… perhaps it is the door that is about to open to something really great… i.e. a perfect rental w a nice month to month lease….
We keep hoping that it’s opening a door to something else too. Only time will tell.
Good luck finding a rental. Or that the current residents of your home finally decide to move on. If you do end up renting, you can find month to month leases, usually they cost a bit more, but could be ideal for you, that way if the house vacates sooner and the sale goes through you only need to give the 30 day notice and not worry about breaking the lease or getting a sublet.
[...] a holiday barbeque on our deck, and life would be returning to normal. But because we live in an imperfect and unpredictable one, we’re still with the in-laws. Thankfully our relationship is still good though just the little [...]