Tuesday, February 19, 2013

House Update

We were approved in the beginning of January to do a deed-in-lieu of foreclosure with our house. It basically is foreclosure, but instead of the bank suing us for foreclosure, we just sign our house over to them. It's supposedly a much faster process... we started the processes sometime in towards the end of the summer... I think...

Before Colby was born, we got the stuff from the bank to sign and we were just waiting for all the closing documents from the attorney to be ready to sign. We finally got them yesterday. We went this morning and signed them all in front of a notary and sent them back to the attorney!

So... as soon as they get the paperwork back and the title is transferred to the bank, we will no longer own our house!!! We are very excited about this... It's been over two years since we originally put the house up for sale!

No comments:

Post a Comment