Are you moving? Did you get a job? What will you do if you sell your house and have no where to go?
These are the questions that Kimmy and I have been asked quite a lot since we listed our house for sale last week. The simple answers to the questions are:
“No, we are not moving other than in faith.”
“No, I haven’t gotten a job yet.”
“If I don’t have a job and our house sells we will probably move in with my parents for a while.”
The reality is that we are selling our house that we moved into about 7 and a half years ago because we can’t afford to live here much longer with me only collecting unemployment. Plus, we are really believing that I will end up getting a job soon and that will quite likely involve a move out of state. I do not have anything lined up at this time and it is simply a matter of faith, because we believe God is going to open up a door for me to become a youth pastor at a church. As I mentioned in a previous post my wife and I are at peace about this job loss and we have the same peace about selling our house.
The other reality is that now is the best time for us to try to sell our house since a short sale is the only way we can do it and given the current economic climate it is making this time perfect for us to do it. A short sale is basically when you sell your home for less than you owe and the bank forgives the difference. If this goes through our credit will only take a hit for one year and we will not have to pay taxes on the difference that is considered “income”. We bought our house for $141,000 in August of 2001 and it has pretty much dropped in value every year. We currently have it listed for $75,000 and you can see the listing here. It is sad to think that we have essentially only paid rent on our house, which was supposed to be a great investment.
However, we realize that we had a great place that we raised our family in a great neighborhood in a great school district that had a great elementary that my kids attended. So we are very grateful for our time here. We are also excited to think about the fact that someone is going to get an amazing deal on a great house in a wonderful neighborhood to raise their family. So if you are looking for a house check ours out here.
I recently saw this video from Francis Chan and I thought it was very appropriate for what we are going though at this time. I don’t want to just live a safe life. I won’t to be daring enough to impress my Judge.
After watching that video I saw this on someone’s status update on their Facebook page and it kind of rocked my world. It is one of those deep thoughts.
“When everything’s coming your way, you’re in the wrong lane.”