A LOOK FORWARD IN 2013

As we look toward 2013, Rosa and I have a special prayer and financial request. First, some background: We have been struggling to get into a home of our own since our return to Eagle Pass in 2004. When we returned, we were not able to get our mission income up following a located ministry in Wellington, Texas. I was forced to seek an outside income. I began doing "contract work" with several different servicing companies. In November, 2006, we were able to purchase a house. In December of 2006, we learned two of the companies I was working for were not able to renew their contracts with Radio Shack and Dollar General Stores. I was auditing Radio Shack in our region and merchandising in Dollar General. In January, we lost approximately $1,500.00 in monthly income. In order to not loose the house to eventual foreclosure, we were forced to sell it. We did not loose any money on the transaction but had to live on the proceeds until we were able to get our income back up.

Since that time, our mission income has gradually come up and because of my hip replacements, I qualify for a little disability income. However because of the uncertain nature of our income, it has been almost impossible to qualify for a home loan. Through private sources, we were able to get together short term funds and make an offer on a foreclosed house in Eagle Pass. The property in question was on the market with an asking price of $50,900.00. We made a cash offer for the asking price a few days before a scheduled auction. The bank did not act on our offer or cancel the auction. On Saturday, January 19, we were successful bidders. However, we had to go $57,500.00. That figure was a few thousand dollars more than our available funds. We have until February 18 to come up with those additional funds. Also, we will be needing approximately $5,000.00 to make the needed repairs.

 

As you can see, the exterior will need a lot of work! However, our plan is to get moved in as soon an minor repairs are completed inside and then turn our attention to the exterior.

 

The picture above is of the two houses directly across from the one we are puchasing. As you can see, the neighborhood is very good. Below are a few pictures of the interior of the house. As you can see, the interior was not trashed like many foreclosed properties.



 

We appreciate your prayers as we get closer to the closing date of February 18, 2013. We will have to close with cash or loose the $2,875.00 we have given down. At the time of this writing, we are short about $5,000.00 of the needed funds. Should you want to help us, funds can be mailed to: Bill Baker Mission, PO Box 2541, Eagle Pass, TX 78853. If you would like to use PayPal, that can be sent to: BillBaker@Reagan.com .Funds sent through the link above will also go through PayPal. However, if the link is used,  small handling fee is deducted from the total amount we receive.

 

Thank you in advance for your prayers and for taking the time to read our blog!