Results 1 to 15 of 15
  1. 09-23-2009, 01:49 AM #1
    MTS04
    MTS04 is offline
    Registered User MTS04's Avatar
    Join Date
    Sep 2006
    Posts
    715
    Post Thanks / WTG / Hug
    Blog Entries
    5
    Rep Power
    9

    Default My neighbors lost their house

    I feel so badly for them. I know they had been trying to sell it on and off for a few years. I didn't realize they needed out of it so badly. I always wondered why they built such a huge house. It was only the 2 of them.
    Looks like the bank has it for sale now. We didn't even know they moved out. They did it all so quietly.

    Gosh.
    It is what it is.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  2. 09-23-2009, 02:22 AM #2
    mamamia
    mamamia is offline
    Registered User mamamia's Avatar
    Join Date
    Dec 2007
    Location
    orig. from NYC now N.Cen. FL
    Posts
    1,603
    Post Thanks / WTG / Hug
    Rep Power
    16

    Default

    I'm afraid I'm soon going to be watching someone in my family go thru this very thing This has to be one of the saddest things to happen in somebody's life. I hope somehow they'll find their way back!

    Theresa
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  3. 09-23-2009, 02:38 AM #3
    mauimagic
    mauimagic is online now
    Moderator mauimagic's Avatar
    Join Date
    Mar 2009
    Location
    Maui, Hawaii
    Posts
    17,529
    Post Thanks / WTG / Hug
    Blog Entries
    53
    Rep Power
    103

    Default

    They sort of snuck away in the night it sounds like - how sad that all that happened to them. Sure hope a lot of us learn from this lesson. It is so hard to see this happen to people we care about.
    Travel light. The baggage of the past can only hold you back.




    “Decluttering isn't just simplifying your life. It's having a vision, setting new priorities and using those notions to get rid of obstacles.”
    — Peter Walsh
    __________________
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  4. 09-23-2009, 02:54 AM #4
    frugalfranny
    frugalfranny is offline
    Registered User frugalfranny's Avatar
    Join Date
    Mar 2009
    Location
    Cold pacific northwest.
    Posts
    11,723
    Post Thanks / WTG / Hug
    Rep Power
    57

    Default

    Wow that would be a shock.

    You never really know what is going on next door do you? Sad story.
    Travel light. The baggage of the past can only hold you back.

    January Book List
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  5. 09-23-2009, 09:36 AM #5
    wwe11
    wwe11 is offline
    Registered User wwe11's Avatar
    Join Date
    Feb 2005
    Location
    Ohio
    Posts
    1,100
    Post Thanks / WTG / Hug
    Rep Power
    12

    Default

    Wow, I am so sorry for them.
    2012 Debt Reduction

    (cc#1) Kohl's- P.I.F. (closed)!!!!

    (cc#2) Chase- P.I.F. (closed) !!!!!

    (cc#3) capital one(mine)- $741.37 /$731.34

    (cc#4) amazon-$1,458.47 / $863.94

    (cc#5) Kohl's - $606.29 / $687.16(CLOSED!)

    (cc#6) capital one(His)- $615.93 /$673.97

    (cc#7) CHASE (HIS)- $1,985.14 / $1,055.85

    (cc#8) Lowes(His)- $3,355.71 / $2,592.42


    (cc#9) Tractor Supply(his)- $3,981.05 / $3,729.95

    (cc#10) Visa(mine)- $918.12 / $1,021.83(CLOSED!)

    (cc#11) Home Depot(his)-$3,796.87 / $3,375.31

    (cc#12) Capital One(mine)- $2,991.98 / $2,967.94

    (cc#13) Micro center- $743.61 / $755.60

    car pyment- $16,245.30 / $17,773.46

    house pymnt- $76,973.95 / $81,360.00




    $0
    $14.00 EF
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  6. 09-23-2009, 10:15 AM #6
    nodmicks
    nodmicks is offline
    Registered User nodmicks's Avatar
    Join Date
    Sep 2004
    Posts
    5,993
    Post Thanks / WTG / Hug
    Rep Power
    27

    Default

    That is very sad for them. I hope they recover from the set back soon. I know two people this has happened too. Couple one I felt very sad for couple two I couldn't. Because they had started with a loan of 149K on a home valued at 180K. They borrowed new cars, trips etc (while bragging how they did it) right up to 249K. It sold on the auction block for 179
    ~July 19 saving goal for event $104/$1000
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  7. 09-23-2009, 10:40 AM #7
    tervsforme
    tervsforme is offline
    Registered User tervsforme's Avatar
    Join Date
    Dec 2005
    Location
    Ann Arbor, Michigan
    Posts
    2,847
    Post Thanks / WTG / Hug
    Rep Power
    25

    Default

    Wow, that is so sad. A friend of mine got evicted from his apartment. He's been out of work for so long, they were managing month by month to just get their rent paid at the last minute, but didn't make it for September. I hope that everyone involved in both instances can make a recovery.
    ~Kim~
    Mom to 2 dogs and 1 cat - Sere, Blue and Shadow

    2012 Fling Things - 275/2012
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  8. 09-23-2009, 12:09 PM #8
    Nishu
    Nishu is offline
    Registered User Nishu's Avatar
    Join Date
    Oct 2007
    Location
    Monterey, CA
    Age
    30
    Posts
    2,336
    Post Thanks / WTG / Hug
    Rep Power
    25

    Default

    Quote Originally Posted by mamamia View Post
    I'm afraid I'm soon going to be watching someone in my family go thru this very thing This has to be one of the saddest things to happen in somebody's life. I hope somehow they'll find their way back!

    Theresa
    Ditto here. Only I won't exactly be watching it since I'm so far away...

    It's sad, no matter what the circumstances. If it happened to me, I would do it quietly as well.
    ~Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.~

    ~The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.~
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  9. 09-23-2009, 03:17 PM #9
    Luv2BeFrugal
    Luv2BeFrugal is offline
    Licence to Kill Luv2BeFrugal's Avatar
    Join Date
    Dec 2006
    Location
    Anchorage, Alaska
    Posts
    3,347
    Post Thanks / WTG / Hug
    Rep Power
    13

    Default

    Oh, that's so sad! The house across the street from where we live (rent a MIL apt) went up for sale last week. The husband is a realtor and stock broker, the wife is a realtor. Talk about a double-whammy! They just built it 2 years ago...their dream home... Seems like this is the 'norm' everywhere these days...
    Kace - married to Dh 12 years

    Love to

    Full-time homemaker, part-time worker, college student. Always pinchin' pennies!
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  10. 09-23-2009, 07:26 PM #10
    Michelle68
    Michelle68 is offline
    Registered User Michelle68's Avatar
    Join Date
    Jul 2006
    Location
    Texas
    Age
    43
    Posts
    2,616
    Post Thanks / WTG / Hug
    Rep Power
    16

    Default

    That's too bad. I hope that they had somewhere else to live before they had to move out.
    ~ Michelle



    Wife to DH--
    Mom to DS--
    and DD--

    Avatar picture--Taken at Comanche Lookout Park, San Antonio,Tx. April,2010
    Mortgage -- $53,077.24
    March Emergency Fund Challenge-- $100 /$200
    ----------------------
    "The time to save is now. When a dog gets a bone, he doesn't go out and make a down payment on a bigger bone. He buries the one he's got." --Will Rogers
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  11. 09-23-2009, 08:44 PM #11
    Teresa T
    Teresa T is offline
    Registered User
    Join Date
    Sep 2008
    Age
    51
    Posts
    220
    Post Thanks / WTG / Hug
    Rep Power
    5

    Default

    I'm going to jump in here and say maybe they did it to themselves. Clue: why was the house so big. Why didn't they buy/build within their means. Did they fill the house with expensive furniture? On credit? I don't understand why people want such big places to live. To impress others?

    I think some people in this housing crisis just did it to themselves. I know that may be harsh but it's true.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  12. 09-23-2009, 10:47 PM #12
    Sassyclass
    Sassyclass is offline
    Registered User Sassyclass's Avatar
    Join Date
    Jan 2005
    Location
    usa
    Age
    52
    Posts
    5,212
    Post Thanks / WTG / Hug
    Rep Power
    28

    Default

    Quote Originally Posted by Teresa T View Post
    I'm going to jump in here and say maybe they did it to themselves. Clue: why was the house so big. Why didn't they buy/build within their means. Did they fill the house with expensive furniture? On credit? I don't understand why people want such big places to live. To impress others?

    I think some people in this housing crisis just did it to themselves. I know that may be harsh but it's true.
    I have a BIL who fits this category. He couldn't make his house payments, but he could, spend $15,000.00 on a 1969 Camaro to rebuild, waste hundreds of dollars on tattoos, guns, and partying every weekend, and refinanced twice in the last 3 years. And he had the nerve to blame my step-son for his losing the house. My step-son rented an apartment that was built off the back of the garage. He lost his job and had to move out. Sorry, but the loan was given to BIL based on his income at the time and there was no renter. Some people just never grow up IMO.

    Cat
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  13. 09-24-2009, 06:53 AM #13
    Nada.Leona
    Nada.Leona is offline
    Registered User Nada.Leona's Avatar
    Join Date
    Sep 2004
    Location
    Halifax, NS
    Posts
    3,625
    Post Thanks / WTG / Hug
    Blog Entries
    14
    Rep Power
    14

    Default

    Sad. DH and I rented an apartment with a high cost ($1100/month) just to be sure we'd be able to pay for the mortgage when we start looking for a home after Christmas. I haven't been unfortunate enough to see this happen, but I know it does.
    If you're interested in frugal living, minimalism and and
    family centralized living, please visit my website at http://www.miniMOMist.com.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  14. 09-25-2009, 07:43 PM #14
    Minner77
    Minner77 is offline
    Registered User Minner77's Avatar
    Join Date
    Nov 2005
    Location
    Midwest
    Posts
    503
    Post Thanks / WTG / Hug
    Rep Power
    8

    Default

    We were in a really tough position as landlords: evicting someone who wasn't paying his rent. We worked with him for a number of months, but he ended up owing us $2000 and we just couldn't afford to not collect that much money. He kept telling us he was ready to close on a big deal, he'd have the money the next day, the next week, in 10 days, but turns out there was no deal. He did have a huge, honking, all the bells-and-whistles truck, but it must have been for show.

    It was very difficult to do.

    (We won't get into how much work we had to do on his place to fix it up to re-rent, costing us money and lost rent as it took so much time.)
    Last edited by Minner77; 09-25-2009 at 07:45 PM. Reason: change the wording
    Do whatever He tells you.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
  15. 09-25-2009, 07:48 PM #15
    calimomx2
    calimomx2 is offline
    Registered User calimomx2's Avatar
    Join Date
    Apr 2009
    Location
    So. Cal
    Posts
    686
    Post Thanks / WTG / Hug
    Rep Power
    6

    Default

    It is very sad, this happened to neighbors of ours as well!
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!Share on FacebookSpurl this Post!Reddit!Wong this Post!
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Similar Threads

  1. Neighbors house effect on yours
    By Preston in forum Debt Reduction & Money Management
    Replies: 16
    Last Post: 02-13-2012, 09:31 PM
  2. My neighbor lost his house
    By Contrary Housewife in forum General Chat
    Replies: 22
    Last Post: 06-24-2009, 12:46 AM
  3. PBS: Frontier House, 1940s House, Manor House
    By SHOPGIRL in forum Leisure & Media Arts
    Replies: 6
    Last Post: 09-13-2007, 10:35 PM
  4. Where Are My Neighbors???
    By vecollins in forum Southeast Pals
    Replies: 1
    Last Post: 07-08-2003, 04:24 PM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules