Monday, June 8, 2009

Strike One, Strike Two

A month ago Todd's parents called us and told that the place next door to them was for sale for $50,000 but the people would take $25,ooo just to get out from under them. Todd and I went to Taylor a few days later to look at the trailer. The trailer is a older trailer but its a double wide so it would give us alot more room than the trailer we are in right now. We made a decision to go to the bank and see if we could get financing for it. A week later we found out that if the Trailer was older than 1976 as of june 1st the banks wouldn't give us a lone. We found out that it is a 1973 so at that point we kind of gave up on the idea but we still hadn't heard from the bank. Finally we heard from the bank, to our surprise they told us that they could loan us $30,000 and thats what we were hoping to get to offer them the 25 and then keep 5 to fix it up a little, then they told us since its an old modular home that we had to put $6,000 down well we don't have that and it would take a while to get that much, but we were still keeping our fingers crossed that we could some how get into it. A week later we heard from the owners and they said that they wanted no less than $40,000, so at that point we were bummed and decided there was no way we could do it.

The other day we decided to go to the low income appartments that are a block away from where we are living to see if we could qualify to move into those. We were there for about ten minutes and then they called us up and told us that we don't qualify because Todd makes a few hundred too much for two people. So we walked out of there feeling down and depressed about that. So we are greatful for a roof over our heads even though its not the best we are glad we are not homeless and hopefully there will come a time that we can move out of this fall apart trailer into something with atleast sheetrock on the walls.

2 comments:

JnJMills said...

Sorry about that! I bet something will turn up that works for you. Keep your chins up, eh?! Love you guys!

Shirley Nelson said...

Talk to a lender that has a "rural home loan program." The income limit is about $50K/year and -0- down. You deserve it!

Valentines