Well, I'm not typing from atop a stack of our belongings in the middle of the parking lot, and all in all my adrenal glands are more under control than they were yesterday at 2, so basically it's a safe assumption that everything's OK.
The basic details of how this happened are pretty boring unless you're fascinated by real estate malfeasance. Suffice it to say that there was some sort of shady underhanded deal that our Austin owner's Realtor might lose his license over. The Austin "owner" of the condo we've been renting since October isn't on any officially filed paperwork - apparently, he was sending checks to this guy in Cali who was supposed to be using them to pay off the mortgage.
At this juncture, I think we can assume that wasn't happening.
This sleazy Realtor's reaction when he found out that our place was under foreclosure was to sputter repeatedly that the owner in California is a professional athlete. Sure, those guys are known for their adherence to the moral high ground.
The upshot of the story is that we're seriously considering putting in a bid on this place. There are some ducks that need to be lined up, but we're starting to feel more confident that we can make this happen. Assuming the Austin owner and his guy don't find out about it first - the "owner" is on vacation and doesn't get back until Monday. I sure am happy we blog fairly anonymously... you never know when you might need to hide yourself from underhanded realtors!