Foreclosure - I am Losing My Home Today

Originally posted by Mr_skepticc
Bottom line is this, We read 1 side of the story, there is always 2 sides. It doesn't matter what personal issues you have going on in life you have to pay your bills, and that includes your mortgage payments. You signed the agreement when you bought the home. All the sad excuses and stories does not stop the fact that you are the one who defaulted on making your payments.

There probably is another side to the story. However your lack of compassion for a fellow ATS member reveals you to be uncaring and thus unworthy of anyone on ATS ever treating you with anything other than contempt. I encourage every member on this website to foe Mr_skepticc. Lets show the world we refuse to tolerate insensitive clods, like this jack***.

Originally posted by Mr_skepticc
Telling people to pour cement down the drains, and all the other non-sense is not doing anyone any good. The house did not do anything to anybody! Let someone else buy it, and enjoy the home.

Bottom line is this, We read 1 side of the story, there is always 2 sides. It doesn't matter what personal issues you have going on in life you have to pay your bills, and that includes your mortgage payments. You signed the agreement when you bought the home. All the sad excuses and stories does not stop the fact that you are the one who defaulted on making your payments. Your on a computer, you still paid your internet bill obviously. So you should have paid your mortgage payments.

I'm tired of people telling their 1 sided story to gain sympathy from others. It usually always revolves around well my kids sick, or my dog died. Come on people pay your bills and stop making excuses of why you lost your homes. It's everybody's fault but there's..Always you ever noticed. Dig for cans, collect glass bottles, you do whatever it takes to keep your home. Being by a sick child's side at the hospital is not going to make things better for him or her if they have no home to return too!

Accept the consequences for your're actions, Not blame everybody else for whats happened in your life!

edit on 19-4-2012 by Mr_skepticc because: (no reason given)

Defo shilling for the man............

move along Gman........

Did your son make a full recovery?

And I dont know what the law is like in the USA with regards to this, but I would stay on that property claim squatter rights or somthing...

sorry mate

Jay

Originally posted by ofhumandescent
petrus4 Deserves applause and everyone should be watching this movie.

Call me Mirshalak.

reply to post by zarp3333


There are a lot of empty homes you can squat in. Just move in and call the utility companies. You'll need to repair a broken window after getting in and you'll need a lock set to replace the old one. It can be done.

I wanted to reply to this post after reading the entire thread but decided to post only after the first page.

I feel for you OP. I hope your child has recovered and that is the most important issue at hand.

It seems to me that the medical insurance companies are very corrupt in the U.S. and most anywhere. I just read of a couple from New Zealand who gave birth in Canada (three months premature) and thought that they had adequate out of country medical insurance, but the fine print stated it did not cover premature birth.

Needless to say after ONE MONTH of neo-natal care in our fine country and they were sent a bill of $1.5 million.

They were grateful for the health of their child of course, but are now financially ruined for life. This just seems wrong on so many levels but the discussion here is the foreclosure of homes.

I must add that while our healthcare in Canada may not be rated as top-notch, and finding proper specialists can be quite difficult, there is NO way that a health crisis would render a person bankrupt due to Medical bills. Everything is covered under our Universal Health Plan (which by the way, originated in my area)

So comparing the U.S. situation to ours is similar to apples and oranges but I do see similariites.

Where I live our Real Estate market is quite robust and many make a good living because of the market activity, construction, and associated jobs with a healthy economy. Much like many parts of the U.S. experienced during their boom periods (and subsequent bust). It was not always this way though.

I make a decent living because of this economic activity but have the foresight to SAVE my money. Interest rates are at an all time low, and prices for real estate an all-time high. During these boom times I see many people over-extending their finances, buying homes they can afford NOW...at todays super low interest rates (in Canada we do not lock a rate for 30 years. The max is more like 5 years and most float their rate tied to prime)

Everyone is buying brand new homes with granite countertops, maple cabinets, and hardwoods, all at outrageuos prices because the shortage of labour has caused new homes to be priced outrageuosly. For a standard home Where I live, I could buy three or four of the equivalent home or better in Phoenix or many areas of the U.S.

They are all driving spanking new vehicles, new phones, LED TVs, stainless appliances, etc, etc, etc,.

If the interest rates go up even 1% or their salaries are cut by 10%, many would have a very difficult ti,e in paying their mortgage.

Ahh, but here in Canada, one cannot simply walk away from a mortgage, and hand the keys to the bank. They can come after all of your assets, and figuratively, your mothers assets. The banks rarely foreclose without giving some leniency on payments. Only on the high delinquency of payments will it go that route.

So....at my current salary I would be able to afford a shiny new house with all the bling, and a brand new vehicle, yet I prepare for the worst by saving my money. What if the gravy train were to end? Should I cry there are no jobs and stick it to my lender, at the expense of the wise and frugal? Why should the person who foresees the trouble ahead and saves for the rainly day be punished (eg.the ant) and the grasshoppers have all the fun? Where has the responsibility gone?

I understand that extraneous economic factors and regional differences apply (offshore job loading, unfair (free) trade, etc) but people in this day and age do not plan for the future. It is an I want NOW type attitude that persists, and that is why instituitions take advatage of these suckers.

They should be so lucky they are not paying 18% on their mortgage like my parents generation was. (although base wages adjusted for inflation were much higher back then)

Call your Attorney General! They should be able to help you. Best of luck!

Originally posted by xvzopr4270
Call your Attorney General! They should be able to help you. Best of luck!

I wouldn't recommend that.

reply to post by petrus4
petrus4: Why wouldn't you recommend that?

The world is in such a sorry state. People losing their homes is terrible. Heartbreaking.

I took a job abroad because - and i'm not ashamed to say it - of the massive salary increase, which is almost double what I was earning in the UK for doing the same job. Its not easy, I travel every week and I'm away from my partner and family, but the only reason I took it is to clear my bills. Like alot of people, I was living beyond my means by spending on credit cards, and taking the largest mortgage my bank would give me. At the time, I was young and just didn't think too much about what I was doing. As the saying goes - I was keeping upwith the Jones'.

Then I lost my job just over a year ago, and what a reality check that was. I spent a couple of months unemployed and trying to make ends meet, which was impossible. This job coming up was a god-send.

I've been in this job now for around 10 months. Paid off credid card debts of around 15,000 pounds, a car loan of around 5,000 pound and made overpayments on my mortgage of around 10,000 pounds. Once i've cleared the mortgage, i'm heading home.

What i'm doing at the minute is very stressfull and difficult, but i'm doing it to try and free myself of the chain of debt around my neck. Once I'm in the clear, I can go home and live a normal life again with my partner, my friends and my family.

I guess what i'm saying is that money rules our lives at the moment. We're too concerned about working and paying our bills to live our lives, enjoy ourselves and bee happy. Money rules everything we do. If it wasn't for money, I wouldn't be sat here in this office, 500 miles from my family. We're too worried about having a roof over our heads, and making the next payment to concern ourselves about what the government are doing. It's not right. We're being played by the system and treated like mugs. This shouldn't be what life is about. We should be enjoying ourselves. We should be happy. We should be free...

reply to post by zarp3333


Hi Zarp,
Just wanted to offer my condolences & heartfelt sympathy to you & your family.
Your story is gutwrenching & made my heart ache not only for you, but all others suffering the same fate.
I truly wish I had the money to give people that have to deal with these vultures. My perfect world would see all these banks collapse through no longer being needed, as the people had come up with a better, fairer system themselves......still dreamin
Truth is I'm one of the majority that lives week to week also, & stories such as yours remind me, 'There but for the grace of God go I". Could happen to anyone.

I also applaud you retaining your strength of character & morals at such a difficult & testing time.
It speaks volumes about the person you truly are.
You family may lose materially, but they are absolutely blessed to have you, & I'm sure, you for them.
I hope that whatever happens,it only serves to open the door to true peace, joy & happiness for you all, & that you are much better off for it having happened. (sorry that sounds awkward, but hope you know what I mean!!)

Sending you & yours, lots of love & positive thoughts & praying for a miracle for you all.
Stay strong

reply to post by TheTardis


LOL
3 grand for cleaning the place and not going bonkers inside.
What will the measly 3 grand do for you now?
Yep it will allow you to pay someone elses mortgage.
I would run a front page ad of my home address with the circumstances for any scanegers who might like to strip the carcass and then leave the house.
Let the bank deal with that.
That would be worth much more than 3 grand to me and it would make much more dirty work for the bank.
The banks are and have always been the enemy of the people.

Originally posted by xvzopr4270
reply to post by petrus4

 

petrus4: Why wouldn't you recommend that?

It might help; but my own instinctive attitude there, would be that his current problem is an attack by the system. The Attorney General is a representative of that system.

Although another perspective of mine on this issue, is that although there is a risk attached, he is also being offered a tremendous opportunity. See one of my previous posts in this thread, where I linked to the film Ungrip.

reply to post by petrus4

I have been fighting foreclosure for 4+ years. You have to stay one step ahead of 'them'. For every 'act', counter-act. Most of these foreclosures are illegal and most don't have the legal documentation to do so. Also, most people don't have a lot of extra cash laying around to hire an attorney. So the only legal help they may be able to get is through the Attorney's General. Due to the mortgage settlement by all 50 Attorney's General, there are processes in place to stall it at least. Fight with everything you have. If you don't fight and research you will definitely loose. There are many sites that address fraudulent foreclosures, stopforeclosurefraud.com is a good one. I'm still in my home.....fighting the crooks!

Originally posted by xvzopr4270
reply to post by petrus4

 

I have been fighting foreclosure for 4+ years. You have to stay one step ahead of 'them'.

I am not suggesting not fighting, if you know that you can win. The OP didn't sound as though he could, is all.

The point is being able to objectively determine whether or not you can continue to fight, or if that is no longer the best option. That is probably going to be different in every case.

reply to post by petrus4

That is true, and a good point. It's really an individual situation. I wish them the best. Thanks for your thoughts.

Originally posted by xvzopr4270
reply to post by petrus4

 

That is true, and a good point. It's really an individual situation. I wish them the best. Thanks for your thoughts.

No problem. I did actually suggest to the OP that he get in touch with a local chapter of Occupy if he has one, since I know they've apparently had some success with fighting foreclosures. I also added that I felt that such would be a long shot.

Man, I am so sorry about this. I just sent this thread to my wife. She recently (a couple years ago) refinanced her place with PNC, and I think she feels that she can trust them. Obviously not.

If the Conservatives think that this sort of thing is not going to bite them really bad in the upcoming November elections, then they just don't understand the difference between an off-year election and a once-every-4-years election, like the one coming up. I can't see how this isn't going to be a bloodbath at all levels. Seriously. I know so many people who have lost so much as a result of the corporate predator thing, and with every GOP-led shutdown of legislation to just pop a few restraints on this sort of legal theft, how can anyone imagine that handing those "free market" idiots the keys to public policy is anything other than a national suicide pact.

It'd be different if the banks and the insurance corporations were being responsible with the power that they've gathered as a result of the law changes in recent years, but it's like they have no capacity to even fake it anymore. It's like watching a long-time "managed" drunk finally lose it and start doing the gutter drunk routine in public. You knew he had a problem all along, but he'd always managed it until now. It's like both the corporates and the conservatives are both starting to piss themselves at the dinner table after decades of - at least - having appearances together. It's really remarkable. My own ultra-conservative Midwestern mother-in-law is horrified. She can't believe what's happened to her Republican Party. She thinks they're being forced to destroy themselves as a viable political party. She's a bit of a conspiracy fan herself, and sees hidden forces behind all this self-destructive insanity. I just think she's naive about how dumb a lot of business and political people really are.

OP, you ought to be getting several hundred more stars. Not for your misfortune of course but for raising this topic. I believe a good deal of the strange stuff appearing in ATS, including perhaps the strange sounds stories are staged to obfuscate and divert from the real story. The one that affects all of us. The complete collapse of the world financial system. Those that rule us do not want us to realise the collapse is permanent, austerity measures are permanent, the reduction of all of us to chattel is permanent, and figure out we must take politics and our fate into our own collective hands and move on from the inhumane irrational system Capitalism has finally become.

I am overwhelmed by the positive responses. I just woke up and started reading. Perhaps this is a lesson to all of us? It's becoming obvious that there are way more of "us" than them. If my problem can do something to bring us together, then it will have been worth every bit of inconvenience.

Here is the bright side:

1. My son is doing much better. Although he still takes special meds, you would think he was perfectly healthy if you met him. Everybody who meets him says there is something special about how he makes people happy.
2. My wife loves me. She has defended me against mean-spirited advice given in hindsight of all the things I should have, could have or would have done if I were not me.
3. I continue to bring to mind all of the things I have to be grateful for and to remind myself that through the entire ordeal, I have remained honorable in the moral sense.
4. My positive opinion of ATS has been restored. I believe this format could truly be adapted to give citizens a meaningful way to participate in our collective governance.