The Captain, just this week received a job promotion. Not even a decent raise but maybe cover his gas. I knew that as soon as -and if- he got that job here, an opening would happen in Tennessee with his company. Sure as Sh** it did. Now, do understand, his company does not like it when you are in a position for less then a year before moving on. He has yet to be in this position one day. They can also tell you No if you apply at another location and that location gives you the job. They can actually stop you from leaving the current position to go to another terminal somewhere else. His location has crapped on him for years and all the newbies (been there 1-2 years or less) make within $10,000 of what he makes at a higher position and 8 years dedication to the company. My husband has NEVER missed a day of work, called off, shown up late, or slacked in his position. They tell him he is the best they have and blah blah blah. Teamsters LOVE him and are pissed he is moving up and they have to deal with incompetent managers. He is old school. He dedicates himself and gives his all to his job. Despite the effect it has had on us, I am proud of his dedication and work ethic.
2 days ago, I put the for sale by owner sign in the yard. Today called to get ads placed and have placed a cool layout on zillow.com showing all the details and some pictures. (I hate calling realtors and hate calling owners myself so this should make people more comfortable). The website page information should answer majority of questions a potential would ask. Also keeps the nosey neighbors from bothering me.
I cant help but ask "why me". Why can this not transition smoothly for once. The house has to sell at fair market value to be eligible for a short sale.
We have the original home loan and then an equity which covered all the expensive repairs needed. Of course the equity was more then what it should have been and now when selling our home, we have to sell it a loss for all parties involved. How does it work? well here ya go:
(all amounts are fictional since I do not care to share my actual amounts:) Say you owe the first home loan $100,000 and later were given an equity loan for $30,000. You now owe $130,000 for the home. When you sell your home, it has to be at fair market value and over the amount you have for the first loan. Say the fair market Value is $123,000. You sell it at that amount but still owe $7,000 to the equity people. They in turn hand it over to collections which will stop all interest from accumulating and if you tell them hey I have $4,000 I can give you. They accept and the debt is wiped clear. Of course the mark from $7g's will leave a small dent but it will show the debt is settled/satisfied. Better then foreclosure and even better for those like us who are in a rush to get out of a house.
Somehow we will get through this. Somehow we will get to Tennessee to start our new life. Somehow The Captain will get that job or somehow I may need help with a few bodies of management.. just kidding. If you have few extra candles and can spare a few moments, please light some for us. I will be tonight and could really use some back up on getting our family out of this mess.
Thank you Friends.
Sweetest dreams,
Tammie
2 days ago, I put the for sale by owner sign in the yard. Today called to get ads placed and have placed a cool layout on zillow.com showing all the details and some pictures. (I hate calling realtors and hate calling owners myself so this should make people more comfortable). The website page information should answer majority of questions a potential would ask. Also keeps the nosey neighbors from bothering me.
I cant help but ask "why me". Why can this not transition smoothly for once. The house has to sell at fair market value to be eligible for a short sale.
We have the original home loan and then an equity which covered all the expensive repairs needed. Of course the equity was more then what it should have been and now when selling our home, we have to sell it a loss for all parties involved. How does it work? well here ya go:
(all amounts are fictional since I do not care to share my actual amounts:) Say you owe the first home loan $100,000 and later were given an equity loan for $30,000. You now owe $130,000 for the home. When you sell your home, it has to be at fair market value and over the amount you have for the first loan. Say the fair market Value is $123,000. You sell it at that amount but still owe $7,000 to the equity people. They in turn hand it over to collections which will stop all interest from accumulating and if you tell them hey I have $4,000 I can give you. They accept and the debt is wiped clear. Of course the mark from $7g's will leave a small dent but it will show the debt is settled/satisfied. Better then foreclosure and even better for those like us who are in a rush to get out of a house.
Somehow we will get through this. Somehow we will get to Tennessee to start our new life. Somehow The Captain will get that job or somehow I may need help with a few bodies of management.. just kidding. If you have few extra candles and can spare a few moments, please light some for us. I will be tonight and could really use some back up on getting our family out of this mess.
Thank you Friends.
Sweetest dreams,
Tammie
