(no subject)
Happy Fridaaaaaaay! (<----- does her best impression of Sho's "Party peopoooooooooooooooole!" voice)
Today was a huge deadline for one of my projects at work (and by huge I mean HUGE) and we met it yesterday. Woo Hoo! I'm still busy with other projects but feeling oh so much more relaxed. On top of that it's Friday (Yay!) and the parents come back from vacation tomorrow night (double-yay!) which means I'll be off house/dog-sitting duties on Sunday. *dance of joy* I'm overdue to mow the lawn at my house (which still has no offers... *sigh*) but otherwise it should be a low stress weekend with no plans ^___^ There aren't even lessons this weekend.
Speaking of the house- still no action. My realtor agrees with my suspicion that we probably won't see any offers until 1- fall when it's cooler so the house feels less like a humid oven and 2- we lower the price. Personally I wouldn't mind taking a loss on it. The question is more the logistics. If I have to take a loss that's bigger than my savings account, how does that work? Is it physically possible? I know about short sales, but really want to avoid one. I don't even know if the bank would let me have one since I haven't lost my job and have never missed a payment. What would the advantage to them be to eat the difference when they are getting their money just fine from me? I wonder if I had to say, take a $10,000 loss, would they let me sell it and then owe the $10,000 as a debt to be paid off? I know with cars you can sometimes roll the extra to the next car loan, but I have no clue what the rules are here... I need to talk to a financial advisor or someone so that I can understand my options. I like to plan by running scenarios and it's tough to do that when you don't know what your options are.
Anywho, that's all the news fit to print here in Jennie-land. I should make an effort to do something fun and spontaneous this weekend so that I can post something a little more exciting than work and house selling. ^_^
Today was a huge deadline for one of my projects at work (and by huge I mean HUGE) and we met it yesterday. Woo Hoo! I'm still busy with other projects but feeling oh so much more relaxed. On top of that it's Friday (Yay!) and the parents come back from vacation tomorrow night (double-yay!) which means I'll be off house/dog-sitting duties on Sunday. *dance of joy* I'm overdue to mow the lawn at my house (which still has no offers... *sigh*) but otherwise it should be a low stress weekend with no plans ^___^ There aren't even lessons this weekend.
Speaking of the house- still no action. My realtor agrees with my suspicion that we probably won't see any offers until 1- fall when it's cooler so the house feels less like a humid oven and 2- we lower the price. Personally I wouldn't mind taking a loss on it. The question is more the logistics. If I have to take a loss that's bigger than my savings account, how does that work? Is it physically possible? I know about short sales, but really want to avoid one. I don't even know if the bank would let me have one since I haven't lost my job and have never missed a payment. What would the advantage to them be to eat the difference when they are getting their money just fine from me? I wonder if I had to say, take a $10,000 loss, would they let me sell it and then owe the $10,000 as a debt to be paid off? I know with cars you can sometimes roll the extra to the next car loan, but I have no clue what the rules are here... I need to talk to a financial advisor or someone so that I can understand my options. I like to plan by running scenarios and it's tough to do that when you don't know what your options are.
Anywho, that's all the news fit to print here in Jennie-land. I should make an effort to do something fun and spontaneous this weekend so that I can post something a little more exciting than work and house selling. ^_^