Tao of DesertWolf

Just life has been a bit crazy lately.

In November I was informed that the condo that my daughter and I live in was being put on the market in January, and we would be on a month to month till it sold or we moved out. At one time I had concidered buying the condo, but the price they were asking was way out of line with the market. So I started looking around, and the more I looked, the more interesting it bacame. I went and got prequalified for a home loan and found a realtor and started looking at houses.

Lets just say that house hunting in the current market is interesting. I am currently on the 3rd house I have made an offer on. The first one was a short sale and went to auction before my offer was even seen. The second was also a short sale, and the bank that held the morgage said it could take 45 days to approve the offer, and this was 2 weeks after I made it. During this time I continued to look, and a found a great 3br, 2 bath home that was bank owned and had only been on the market a couple days. I made an offer and it was accepted, so now I am going through the process, my loan is in final authorization process, the inspection has been done, so at this point I am just waiting for the bank to say yes or no on my loan. If things go right I should be in my new house the first part of March. 

Also while all this has been going on, the economy has been heading down the drain, and has finally hit us at my work. We are laying off staff, one from my IT staff, and there will be pay cuts, though no one has said how much they will be yet. I have been meeting with the CEO and the Controller quite a bit the past 7 days, and we are working on ways to make it possible for the staff to do more work with less people, and improve processes. 

So as I said a bit crazy…

Filed under: House Hunting, me, The Economy, Whats up