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Things of this nature make me so glad that my wife inherited the house we live in lock, stock & barrel. No mortgages, no banks, no realtors, no tenants . . . just a somewhat hefty property tax to pay each year ( thanks a lot, New Jersey )! That's worrisome enough for us! Good luck . . . 

posted by JimmyA on July 9, 2013 at 7:40 AM | link to this | reply

Oh dear.  I really hate to think about things like that.  I hope I have no reason to move again....ever.....until   "Some glad morning when this life is o'er, I'll fly away, to a land on God's celestial shore....I'll fly away.  I'll fly away oh glory, I'll fly away.  When I die, hallelujah by and by, I'll fly away."   

posted by TAPS. on July 8, 2013 at 9:58 PM | link to this | reply

If you were to read sam's blog it might either scare you are make you feel better

posted by Lanetay on July 7, 2013 at 9:12 AM | link to this | reply

Do you read sam 444 she has been having trouble for 9 months. You have had enough trouble just being in Calgary at the moment. I do wish you and hubby all the best.

posted by Kabu on July 6, 2013 at 5:32 PM | link to this | reply

it sounds like you and sam are in the same boat...good luck and hope things change soon!

posted by Annicita on July 6, 2013 at 2:17 PM | link to this | reply

I do hope this does not go on much longer. I can't imagine having your dreams so close and yet so far away, but in my old age I have learned that these things have a way of working themselves out for the better...Best wishes...Utah.

posted by UtahJay on July 6, 2013 at 12:44 PM | link to this | reply

Well I think it is pretty obvious that house are going in for a run upwards, of course eventually interest rates will rise and one has to take that into account. Good luck.  

posted by C_C_T on July 6, 2013 at 12:36 PM | link to this | reply

Mia

Uh oh! Let's hope this doesn't lead to further complications! I agree, one doesn't want to act like a bully, but these tenants should have been more diligent in exploring their options. Ultimately it boils down to the legalities...

posted by Nautikos on July 6, 2013 at 12:25 PM | link to this | reply

The tenants must be disappointed, but your hubby is right. There are procedures to make them move. Weird that they are ok paying that amount in rent, but don't qualify for a purchase. Are mortgages realy high in Calgary?

posted by adnohr on July 6, 2013 at 11:39 AM | link to this | reply

Congrats on the big milestone today of signing the papers...The waiting is the hardest part as they say.

posted by FormerStudentIntern on July 6, 2013 at 10:08 AM | link to this | reply

Mia...

I hope you enjoyed signing that paperwork this morning...I remember our first one back in the 70's - the interest rate was about 7.5% (or even a bit higher)...my, how times have changed, thank goodness!....

posted by Rumor on July 6, 2013 at 9:38 AM | link to this | reply

I see..

This is what I am going through now.. I am looking for a house of my own.. It is so similar to my case here..

posted by Saif_AlKindi on July 6, 2013 at 9:22 AM | link to this | reply