I wish, oh how I wish, I didn’t know anything about the topic of rental foreclosure. The sad fact is, I know way to much about it - having lived through two property foreclosures of rental properties we were leasing. My husband and I have ‘commitment issues’ when it comes to purchasing a home. We’ve done it once as a married couple and it backfired on us like crazy. We’ve made the decision, as a couple, to wait until we’re sure we’re where we want to be, regardless of employment status. At any rate, we rent.
When we relocated to the Phoenix suburbs in 2006, we moved into a home that we discovered several months later was going through the foreclosure process. Thankfully, for us, we were able to get out before the actual ‘event’ took place. Imagine our shock and surprise when we came home a few weeks ago and discovered a ‘Notice of Foreclosure’ sign on the front door of the house we were currently renting.
To make matters worse, the property management company we were using was not only unhelpful in their response, they stopped responding all together. This time, we made the decision not to get ’sucked in’ by renting ‘investment properties’ purchased at incredibly inflated prices during the market upswing of 2004-2005. We started looking at homes owned by owners who had actually lived in their houses.
I really love this house. It’s 3384 Sq. Ft. of blissful space…and if I weren’t so freaked out about buying right now, I would buy it in a heart beat. Aside from needing new flooring (Carpet, tile) and a slight change to the configuration of the kitchen cabinets - it’s perfect. You’d never know I hated it when we looked at it and only signed the lease after much heated *ehem* discussion.
I will miss this house
I will miss the neighbors who don’t care that we don’t want to be friends simply because we happen to be neighbors.
I will miss being able to go to my office and shut the door and work (or shop, or blog, or hide from my family).
*sigh*
At any rate, we found a place, a few miles away. I hate moving. Hate it. Loathe it. I never dreamed that we’d be moving ever 12 months. It really really sucks. But the new place isn’t that bad. The benefit of living out here in the desert is you have a number of landscaping options - and this house is ‘desert landscaped’ front and back. Glory Be. It has the all important ’sun screens’ - those of you who live out in the desert know exactly what I’m talking about here. It has a decent sized covered patio in the back and a ‘water feature’, go figure.
The downside, you might be asking? It’s small. We’ve lost roughly 1300 sq. ft. That’s an entire house, for those of you who are counting. The kitchen is smallish (not galley small, but it certainly bolsters that ‘a womans place is in the kitchen’ attitude, since no one else will fit in there). The bedrooms are also smallish and there is only three of them. No more ‘office’ for me. I don’t know, the old man keeps telling me that it’ll ‘grow’ on me, like this one did - but I am skeptical, as usual.
So, we’re packing up, yet again, and moving. This time, we’re doing it alone…I don’t feel right asking people to help us move so often, so we won’t. But, feel free to offer, if you’re in the Phx area and I’ve never asked you before! 