Thursday, February 25, 2010
A Little Update
So, this is not your usual update post. We wanted to let people in on some news. We decided to make this public knowledge because we covet your prayers for our family at this time. We have had to make a tough decision that we have been talking about for more than a year now. We've been holding onto our townhouse for the past 2 years, hoping to relocate out-of-state. However, no opportunities came up to do so. In that time, the value of the home has continued to drop and drop and we are completely upsidedown on the mortgage. When we first bought the home, it was a perfect fit for us. Now, it is not. We need more space, a back yard, a garage. And, recently, some things have gone wrong with the house that we cannot afford to repair and the house is not worth the added debt to repair the problems. We decided that we would not continue to hold onto it but simply let it go. We have put it on the market, hoping for a short sale. We believe this is the right choice for our family. Please pray that our house would sell. We are hoping a short sale will go through so that we can avoid a foreclosure. Thank you so much for your continued support and prayers. We are incredibly blessed!!!
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