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February 09, 2008

Back on the Market

My house is back on the market. On Monday afternoon, my realtor put it back on the multiple listing site. He told me that in this market we should expect 1-2 visits per week. And 3-4 would be extremely good. So far this week, we've had 5!!!

We're doing a short sale which means that I'm trying to sell it for less than what's owed to the bank. Two years ago when I refinanced my house, properties were selling for about $70-80K more than what they are selling for today. So now, I'm upside down on my mortgate. Boo hiss. That mean that once we have an offer, we have to wait for my bank to approve it.

So keep praying for the right buyer and bank approval. I'm guardedly optimistic that we'll have something to work with soon. :-D