Final night in house, for real this time, I think
I’ve decided to completely move out, so that the final transition will be easier. I’m moving two guys (both named Eric) into the place. In exchange for just paying the utility bills (no rent), they’ll house-sit for me, and keep up the external appearance so that I’m not an embarassment to my neighborhood. They understand that they might have to leave on short notice, whenver Recontrust and BofA finally get the paperwork together and the Sheriff shows up at the door.
Even though Bill had already moved my stuff out to his back bedroom (my new legal residence), I said I wanted to sleep in the house one last time. So he set up my couch, and left a towel here for me to use. I watched some Netflix and Hulu+ to fall asleep (both on my laptop, because my TV is already at the new place).
In a few minutes, BIll and the two Erics will arrive to move this couch. I’ll be powering down the Drobo and the associated laptop that I use for remote file access, and putting them into the rental car for the 3 mile trip to Bill’s.
I’ve been here for 15 years. And because of the recent financial crisis, the house is worth $100k less than the loan, which was only an 80% loan-to-value refinance four years ago. The prices around here are likely to drop more before beginning to appreciate again, and a strategic default seemed the best advice all around. Sure, my credit will suck for a while, but that’s better than staying in a very underwater loan, locked into this house unable to sell it. Of course, the bank won’t be able to sell it either, since the titles are all messed up thanks to the robosigning scandal.
Goodbye, house in the woods. Goodbye, big Mt Hood stained glass. Hello, nomad mode.
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