andydidyk.com

…we just got an offer on our house! Sure, you tell yourself, “this happens everyday”. And it does. But you see, my wife and I are victims of the mortgage crisis. No, we didn’t take a ridiculous ARM that got hyper-inflated and then we had to foreclose; instead, we got a great rate on a 30 year fixed mortgage, bought a house we could afford within our budget, and were very responsible with payments, maintenance, etc.

However, we decided to move after only being in the house for a little over a year, and right as we moved (in March of 2007), the bottom of the housing market fell out where we were living. We listed the house on March 1, 2007, and from March until July or so we got about a dozen showings. From July 07 to December 07 we had only 2 showings. So an offer is a very big deal to us.

We’ve been shelling out mortgage and rent payments now for over 10 months, and although we’ve never been wanting for anything, it has been very frustrating. What a relief to know that the end may be near.

So, the next time you’re thinking about being fiscally irresponsible, or that mortgage fraud is a victimless crime, think of us. Every bankruptcy by an irresponsible person is paid for by responsible people, just like bogus healthcare claims are paid for by responsible people.

That being said, I can’t help but be a bit cynical at the idea of the federal government sending checks to everyone in the country as a reward for being irresponsible, but hey, that’s probably because I’m not in the government. And that’s probably because I don’t have any MySpace friends.

Thanks for your thoughts and prayers. I’ll let everyone know how this turns out.