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Did you hear the one about the homeowners who foreclosed....

megumic

Brilliant_Rock
Joined
Mar 8, 2009
Messages
1,647
Re: Did you hear the one about the homeowners who foreclosed

Love it.
 

April20

Ideal_Rock
Joined
Aug 1, 2008
Messages
3,312
Re: Did you hear the one about the homeowners who foreclosed

Classic! Just goes to show how screwed up the banking system is! Some family of mine had their home foreclosed on last year and not only had they never missed a payment, they'd never been late on one! They decided that fighting wasn't worth it when the bank refused to return any calls so they walked away. They felt they had no choice. It was a rather raw deal.
 

chemgirl

Ideal_Rock
Joined
Sep 16, 2009
Messages
2,096
Re: Did you hear the one about the homeowners who foreclosed

Wow, that is ridiculous. There seem to be so many cases of US banks getting it wrong when it comes to mortgages. We are considering buying a vacation property in Florida, but I have to admit articles like this are scaring us off. It looks like there's no way to be safe from the banking system. Its a shame.
 

HollyS

Ideal_Rock
Joined
Jul 18, 2007
Messages
6,099
Re: Did you hear the one about the homeowners who foreclosed

S-U-H-W-E-E-T!!!

That was ingenious. Absolutely inspired. And wonderfully executed.

They have my amazed and awed admiration. :appl: :appl: :appl:
 

iheartscience

Super_Ideal_Rock
Joined
Jan 1, 2007
Messages
12,111
Re: Did you hear the one about the homeowners who foreclosed

Ha, that's fantastic!
 

ksinger

Ideal_Rock
Premium
Joined
Jan 30, 2008
Messages
5,078
Re: Did you hear the one about the homeowners who foreclosed

Little enough real justice in the world, but this is a classic little corner of it. Great stuff.

The real question is who owns your note and who has the right to foreclose on it, since in many instances it has been sold and resold a jillion times. As old as mine is, I suspect mine has been tranched into too many tiny pieces to count. But hopefully with some discipline we should have our house paid off in about 3 years. Hopefully, no bank will try to foreclose on it then. Of course if they do, I will forclose right back. I have the inspiration now. ;))
 

luv2sparkle

Ideal_Rock
Premium
Joined
Feb 3, 2008
Messages
7,741
Re: Did you hear the one about the homeowners who foreclosed

That makes me mad for those poor people! That sure must have felt good to do that. Perfect comeuppance.
 

Aoife

Brilliant_Rock
Joined
Jun 23, 2010
Messages
1,779
Re: Did you hear the one about the homeowners who foreclosed

Every time I think about this story I start to smile. What's the saying? Karma's a .....?
 

Imdanny

Ideal_Rock
Joined
Jan 21, 2008
Messages
6,186
Re: Did you hear the one about the homeowners who foreclosed

LOL!

If you would have told me when I was a kid that big banks would go around trying to steal people's homes I never would have believed it.

Their whole "point" is you have to pay your mortgage whether it's "upside down" or not, whether you've been the victim of mortgage fraud or not, etc., yet they feel no obligation to act in a "moral" way whatsoever, apparently.
 

tyty333

Super_Ideal_Rock
Premium
Joined
Dec 17, 2008
Messages
22,097
Re: Did you hear the one about the homeowners who foreclosed

Love that story! I wish the homeowners could have collected some big bucks (really big) for being put through that! Maybe
next time the bank will do a little more investigating before they foreclosed on a house.
 

Tuckins1

Ideal_Rock
Joined
Apr 13, 2008
Messages
8,614
Re: Did you hear the one about the homeowners who foreclosed

That is awesome! What a nice foreclosure story... (for a change)
 

ksinger

Ideal_Rock
Premium
Joined
Jan 30, 2008
Messages
5,078

ChloeTheGreat

Brilliant_Rock
Joined
Dec 25, 2009
Messages
682
Re: Did you hear the one about the homeowners who foreclosed

See, lawyers aren't so bad after all... :naughty:
 

Winks_Elf

Brilliant_Rock
Trade
Joined
Nov 28, 2008
Messages
1,674
Re: Did you hear the one about the homeowners who foreclosed

April20|1307372100|2938932 said:
Classic! Just goes to show how screwed up the banking system is! Some family of mine had their home foreclosed on last year and not only had they never missed a payment, they'd never been late on one! They decided that fighting wasn't worth it when the bank refused to return any calls so they walked away. They felt they had no choice. It was a rather raw deal.
Beyond sad, scary, and enraging. I probably would have burned the house to the ground before just walking away from the fight.
 
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