To get everything out there and summed up in a single blog swoop.
1. The house we put an offer on is a short sale
2. It will (and has) take months to hear from the bank
3. Patience will pay off in approxiamtely 30k of equity the day we sign the papers on the house
4. We're willing to wait as long as the bank takes for this house and that equity
5. Wikipedia is an awesome website and you can read more about shortsales on there
6. If wikipedia didn't answer it, I probably can't either
Chicken & Wild Rice Soup
1 year ago
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