September 18, 2010

  • I've been wanting to update here for a while...I've become such a poor Xangan friend. I'm sorry. Sigh.

    On Wednesday, the house foreclosed. It was a very strange happening. We found out about the proceedings an hour before the event. We rushed over to the county courthouse, where the owner also appeared, but only because he heard about it after we told our realtor what was up. Crazy. It all happened on the courthouse steps. Literally. Very unprofessional. A young kid, in shorts and a t-shirt came with a fistful of papers, which he then proceeded to read to the air. No one was there to witness any of these transactions, but the three of us. It was surreal. In regards to our house, after he read the letter overflowing with legalese he asked us if any of us were prepared to offer cash for the property, at an inflated, required  minimum, btw. We said no, and he said, "Going once, going twice, gone." And that was it - the poor man who had once owned the house lost it all right there on the spot. It was totally weird and bizarre. One of the strangest things we've ever witnessed.

    So, the house reverted to the bank, who in turn handed it over to Freddie Mac, the federal agency that insures mortgages. They are now our new landlords. Yesterday we had our first contact with them via a local realtor assigned to the case. She came out to see if the property is occupied. (You had better believe it!) The good news is that I really liked her. She seems reasonable, compassionate and is very aware of the economic climate in the area. The next step is that a paralegal will call us to set up a new lease agreement. The realtor is going to do all she can to help us nail the deal and actually buy this house, but she's only one voice in a potentially lengthy process. Freddie Mac will have the final say on both asking price and the sale. So....this all may lead, at last, to a closed deal - please, Lord! - or it may lead to a hassle culminating in our need to move. We're really not holding out to "steal" the property, but we feel it is important that we not pay more than its true current market value. We need God to soften the heart of someone at Freddy Mac, and receive our offer with favor.

    We so, so appreciate all your encouragement and prayers. I'd say, on the whole, that we are doing well with all this, though we fall into discouragement from time to time. No panic yet, thankfully! We are trusting Jesus that He knows just what we need and will move on our behalf whether it be here or elsewhere. We're leaning on His love, that's for sure.

    I am very eager to fully unpack, though. Lord, give me Your patience!


    *********

    "Gracious God,
     My heart prizes Thee for the wonder of the love in Jesus...
     In Him Thy grace has almost outgraced itself...
     Bring me...to rest in Him and Him only...
     I am not ashamed of my hope...
     I trusted in Thee in an hour of distress,
          and Thou didst not fail me, though faith trembled."
                                                                     ~ The Valley of Vision


    "His grace is out of all proportion." Rom 5:15

    "Our Lord Jesus...and God our Father...loved us and gave us everlasting consolation and encouragement and well-founded hope through His grace." 2 Thess 2:16
    "Grace....flowed out superabundantly and beyond measure for me." 1 Tim 1:14

    Trusting in His grace. That's where we stand, though sometimes trembling.

    *********
    Still on Day 3, from Council Bluffs, IA,  through Nebraska, and landing in Greeley, CO:
    504 miles, 9 & 1/2 hours:


    It always amazes me how much of the country is rural.





    Don't you wonder what they contain?




    Serious cattle collection here, part of a meat packaging operation. It reminded me of
    The Jungle, only in northern CO, not Chicago.




    I wonder what stories this ol' place could tell?




    I love the clouds, I love the mountains.

     


Comments (9)

  • Well, if God wants you there (and you know He does), He will provide you a place to live. You know that, too.

    I'd keep as much as you can in storage boxes that are accessible. We've lived here almost six years and I still have many things in boxes in the garage on utility shelves. My Bundt cake pan and cake decorating tools. My craft items (florals, baskets, etc.). Music books. Upper grade textbooks. Photo albums. There's quite a few things you need access to, but not frequently. I even keep my cupboards inside the house filled with things organized in plastic boxes. It keeps everything together and will make it easier, if we ever DO move again.

  • My thoughts and prayers continue to be with and for you.

    Going through the abundant farm lands and vast open spaces makes it difficult to believe we are over populated doesn't it? Those bins you mentioned would store corn, soy beans, oats, wheat etc. The cattle operation may just be one of many feed lots where ranchers send their cattle to be fed...then again it might be a meat packing plant.

  • @Lucy_or_Ethel - 

    Thanks for your support! It's an adventure, that's for sure and I appreciate all the friends, across the country who are encouraging us. Like you.

    I do think it was a meat packaging plant....smelly, believe me! And the folks we stayed with in CO seemed to think that's what we were seeing. Someone's got to do it, but it almost makes you want to be a vegetarian!

  • Bless you Trish, the home owning process these days is a challenge. I just read an article describing it, and it was similar to what you are experiencing. They said very little of the old way of listing and selling.

  • Thanks for the news, Trish.. I hoped like you they are better . The way of acting of the owner is even not polite .
    I hope the bank,new owner, will be reasonable, the economic context being what it is .
    Yes ,you need people pay for you because I experienced this kind of misadventure in the past and it was depressing .
    So you have my thoughts and prayers

    Love
    Michel

  • @fauquet - 

    Thanks, Michel. We are trusting that Jesus will take care of our needs - either with this house, or providing us with another one. Stay tuned!

  • Isn't the country magnificent?!  Do hang in there with the house -- and know that I still think of you and your attempts to purchase the house!

  • I hope you can get it at the current value. Here the housing market is way down but there's no way they are going to lower taxes to the real value of the property right now. It's maddening and scary at the same time. I hope all goes well and the deal can be closed. Have a great week.

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