Financial Statements…

I am going to be busy for the next few days as we try to nail down our living arrangements before Friday. We’ve set a sort of “personal goal” to have something permanent lined up as soon as possible.

While I work on our finances and make sure we have enough money to pay for our next home, take a moment to see how much your government is spending

 

Just for grins, use the above chart to dissect Christopher Hayes’ statement that our current and future deficits are caused by “three things: the ongoing wars in Afghanistan and Iraq, the Bush tax cuts and the recession.”

Two of those three things — the wars and tax cuts — were in effect from 2003 through 2007. Do you see alarming deficits or trends from 2003 through 2007 in the above chart? No. In fact, the trend through 2007 is shrinking deficits. What you see is a significant upward tick in 2008, and then an explosion in 2009. Now, what might have happened between 2007 and 2008, and then 2009?

If I worked my budget the way the Democrats have been working with our economy, I would be moving into Bill Gates’ house and you’d all be paying for it!!! Aren’t you glad I’m not a Democrat?!?

Sunday Silence On Tuesday

Isn’t this where he stands on most controversial issues?

 

After a busy day, I’m taking the night off to relax and prepare for tomorrow. I’ve got a lot to do tomorrow, so I better get a good night’s sleep.

Revealing The Plan

A lot of people sent me a link to an article they found online.

Could a Legal Technicality Prevent Banks from Having the Right to Foreclose on 62 Million Homes?

Unfortunately, our mortgage was not one of those “risky” ones, nor one that was modified with government dollars in one of those now infamous bailout packages.

Mortgages bundled into securities were a favorite investment of speculators at the height of the financial bubble leading up to the crash of 2008. The securities changed hands frequently, and the companies profiting from mortgage payments were often not the same parties that negotiated the loans. At the heart of this disconnect was the Mortgage Electronic Registration System, or MERS, a company that serves as the mortgagee of record for lenders, allowing properties to change hands without the necessity of recording each transfer.

How ironic would it be if our mortgage was tied into this mess as well? Like I said, our mortgage wasn’t one of those that were “bundled, sold, and re-sold”. We’ve always had the same mortgage company, and as far as I know, this doesn’t apply to us.

We’re still in a holding pattern, but we’re hoping things settle out by the end of the week. There is nothing more stressful than not knowing the plan. I’ve never been good with patience, but I sure am learning through this entire ordeal. We’re remaining strong in our faith, and once He reveals the plan to us, we gladly walk down that path.

Our Refuge In The Storm?

After double checking our list of properties yesterday morning, we put a call into the real estate agent. Four of the properties were very attractive, within our price range, and very suitable to our plans for a small sustainable family farm.

We waited several hours but the agent never called us back, so we drove out to look at a few of them by ourselves. When we arrived at our “favorite” choice, we called the listed agent (whose sign was in the front yard) and asked if they could show us the property.

We spent quite a bit of time with the agent, who filled us in on just about every piece of information we may have ever wanted to know about the house and the land.

Although the house needs quite a bit of TLC, the property could work out very well for us in the long term. We decided to sleep on it.

This morning, we spoke with our real estate agent. We asked her to show us another property, and then told her we would like to see that other one again.

We met her at the first property at 2:30 today. We were not ready for what awaited us. In fact, this is the first property that all of us have liked unanimously. We were given a guided tour of the property by the owner, and there is no doubt that this is the perfect property for us.

Every other property we have seen could have been “made perfect”, but this one would be perfect from day one.

We are meeting with the real estate agent in the morning, and we will be making a formal offer for the property.

Eighteen days after finding out our world was crashing down around us, it seems we may have found a refuge in the storm. Say those prayers, because this could really be the one.

Following The Correct Path

Last night was a rough night. As I mentioned before we had serious reservations about our “second choice” but this morning we knew, for sure, it was the right decision.

I did a couple online inquiries on the property owners, and let’s just say it’s probably a very good thing that we walked away from that one.

I made a few phone calls this afternoon about some additional properties, and I ended up speaking with a real estate agent who is local to our area. She had several ideas about properties that might be available with the type of offer we are in a position to make.

We drove from Roopville to Rome looking at properties this afternoon, and when we returned, I had three emails from the agent waiting for me with listings for us to consider.

We’ll be calling her in the morning to line up four of them, and we are quite optimistic about our chances now.

Thanks for the prayers, as we have no doubt that God had heard them and is guiding us down the correct path.

It’s All Part Of God’s Plan

This afternoon we took another look at our “second choice” property.

Soon after we found the first house, we happened across the second one, and we thought it would be an awesome “alternative” at the time.

We spoke to the owner’s father, who had performed most of the renovation work on the house, and after a long discussion at the property we decided to pursue a deal.

Things looked bright. The property is over 13 acres in size, the old farmhouse is quaint, but could make an attractive home with a little TLC. At first we felt “sold” on the idea, but then we received the lease agreement and the purchase option paperwork.

While the lease agreement seemed to be a standard run of the mill type lease agreement (probably downloaded from some place online), and it seemed to lack any of the provisions we had discussed with the owner previously.

Throughout this evening, I have had a very uneasy feeling about this property, and after discussing it with the wife, we have decided to pass on this one.

It doesn’t make sense to put a lot of money down on a place that we have no purchase guarantee down the road. There were no provisions for us to “get out” of the deal if we found something wrong with the house, and there were so many restrictions in the lease agreement that I felt strangled sitting here 35 miles away from the property.

We have no doubt that God has a plan for us, and we have placed our faith in God that the will lead us in the right direction. Preferably soon!