The housing crisis hits... home?!

So much has happened since the last time we blogged. Megan and I have settled in to Chicago like old pros. We had a housewarming party, millions of visits from family... the whole works. But blogging has taken a back seat since most of our readers are, well, here.

But tonight something interesting happened. Megan and I were watching HIMYM, chilling on the couch when there was a knock at the door. We ran to see who it was. I suspected it was our neighbor asking to borrow our wine key again, but instead it was a notice of foreclosure on our apartment. Megan and I don't own this place, so this message wasn't for us, but greeting that man with his voluminous document was a bit sobering.

First up, even if we're not getting foreclosed on, we will get evicted if the bank takes over the property. The guy tried to make a joke about how these days at least we'd get a little notice, and that in the old days the bank would have just booted us. It wasn't as funny as he wanted. But you should have seen the look on his face when we told him we were paying his debtors rent every month... he thought that was pretty funny.

The news really isn't as bad as it might seem, we'll get 60-90 days notice if it all goes through and apartments are falling from the sky like dogs when it rains hard. But, if anyone is looking for a last minute gift for us, we might know a cheap apartment that we like that the last minute shopper could get us a 30 year 5% fixed rate mortgage for... ;)