House is NOT for Sale

I snuck away to my bedroom to try and post a new blog - and little Momma's girl was not having it.

Took a nursing break and now here's my update.

House Update - If you did not read my previous posts we are moving to Bailey.
Jill and Jerry  (Josh's parents) are remodeling their walkout basement and will be moving downstairs.
We will be moving upstairs. Each family will have their own separate house. We will not be sharing anything except the yard and driveway. Plus we will be splitting all the payments so it will save all of us money.

Josh and I both were working full time when we bought our house and since I am no longer working full time we have come to the realization that we are unable to pay our mortgage. We've tried to work with our mortgage company several times and have never been given any options. When we were 2 months behind they finally said they would work on a "loan modification". Which means they would take our income and try to lower our mortgage payment. Why couldn't they have tried to do that before? Even though they are still working on the terms for the loan modification we still want to move. We'll save more money in the long run, plus we're looking forward to the land that we're gaining. The girls will be able to go outside without worry of vehicles along the road /etc. The land is only 1 of the many pluses.

We actually had our house up for sale at one point but we had to take it off the market because
1. We can not sell it for what we owe on it and we do not want to have to pay the extra.
2. Our mortgage company will not approve a "short sale" - A short sale is where we could sell our home for less than what we owe and then the bank would pay the difference.

At this point our only option is to let it go into foreclosure. It's not my favorite option and I understand what it does to our credit - but since our new home will be our forever home anyway - in a blunt way...we really don't care. Of course if it affects us getting a vehicle or something we'll deal with that when the time comes. I just know that if we continue to live here even if they modify the payment - I think we'd still loose the house anyway because the last time we got an update from our mortgage company they said our payment would probably not go down much from what it is right now.

The downstairs just needs paint, flooring, counter tops, and the appliances / fireplace hooked up and then Jill and Jerry can move in. They are hoping that will all be complete by Halloween.
Downstairs is 1 bedroom with huge walk in closet, 1 bathroom, kitchen, living room (with dining room), utility room, and storage area. Even though it's only 1 bedroom and 1 bathroom etc - it's very large rooms. Example - their bedroom is approximately 325 sq. ft.

Upstairs is 3 bedrooms, 2 baths, 2 living rooms, a sun room, kitchen, laundry room, dining room.
Once we're able to move in we'll be repainting most rooms, installing laminate flooring in the "girls living room", and installing new toilets. Hoping to be complete by December at least. Anxious to move.

I think I'll post a second blog post with family updates. I don't want this one to be huge.

If you can pray that all will continue to go smoothly with the remodel and pray that all the moving going on will go smoothly as well that would be wonderful.

Also we've been blessed with amazing family and friends that have helped us and Jill and Jerry through this whole process. There are not enough words to express our Thanks.