Thursday, December 2, 2010
Lifted
For those of you who don't know the saga, here is the sweet & condensed version. Before Patrick and I were married, I bought and lived in a nice little condo. Upon becoming a Gunerud, I moved into Patrick's house with the plan that we would rent out the condo as an investment. Check the date: early 2008. Our fabulous friends rented from us for not quite a year before they bought a home of their own. We're now in April 2009. We list the condo for sale and for rent and wait until October for a renter. Fast forward to June of 2010. Our renter dies in the condo and isn't found until a week later. We decide, "this is for the birds" and put the condo up for sale the beginning of July (after we paint and re-carpet). Remember our timeline: 2008 housing bubble bursts; 2009 housing market sucks rocks; and 2010 no recovery in sight. Due to many miracles, we were able to make 2 mortgages for a total of 11 months of the past 2 years. The biggest miracle, however, is that someone made a cash offer the week before Thanksgiving and we closed on November 30. It is such a relief and a blessing to have this burden lifted from us and to be that much closer to "debt-free".
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