tag:blogger.com,1999:blog-13164186.post5263330043853262195..comments2024-01-27T19:26:32.604-05:00Comments on Bubble Meter: A cool trick to delay foreclosureDavidhttp://www.blogger.com/profile/11169148764438565562noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-13164186.post-60308786000092067082009-07-05T23:34:32.645-04:002009-07-05T23:34:32.645-04:00Your story makes me very sad because it's peop...Your story makes me very sad because it's people like YOU who need the help...not the bastards who were flippers and crooks who bought homes to sell in a year or two and run with the money OR the people who walk away WHO CAN PAY.<br /><br />You, your husband, and people like myself and my wife who work hard and would not think of walking away unless under extreme situations like yourself are the ones getting screwed.<br /><br />I feel for you and hope you get out of your predicament.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-86858042549702735972009-07-05T21:27:04.646-04:002009-07-05T21:27:04.646-04:00You know, all are not crooks. We have owned a fami...You know, all are not crooks. We have owned a family run lumberyard for a number of years. All three families for the past 5 years have taken a 50% pay cut to try to keep the business running. We live in the Detroit area. In December we had to close the doors. We put all into the business. We had to do that in the 80's and things turned around. Not this time. We put 40,000.00 down on our house and always payed on time. We owe 100,000.00 and can not keep up. We have no income. My husband is 55 and can not find a job. So your harsh views for all are unjustified!. I had a brain hemorage in 1991 and am not able to help enough to keep us a float. It is sad to see my hard working husband feel like a looser and people like you judging when you have no idea what some people have sacrificed. We have lived in our home for 11 years and payed all interest. We have already payed over 300,000.00 for this house and we will lose it. The bank got all the interest payed to them and our principle was just started to really go down when we lost everything! I understand that is how it goes, but we did not go on great vacations and buy fur coats and cloths, jewelry. We were two hard working people trying to get our kids raised and lost everything.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-59150133348563968472009-05-08T06:25:00.000-04:002009-05-08T06:25:00.000-04:00Hello,
Thanks for your great "A cool trick to del...Hello,<br /><br />Thanks for your great "A cool trick to delay foreclosure" BLOG.<br /><br />Bankruptcy services are very helpful to manage defend foreclosure and review debt remediation. ForFloridaBankruptcy.com providing important financial assistance to people who dealing with bankruptcy, real estate, sales or mergers. Also offer Defend Foreclosure in Florida.<br /><br />Best Regards<br />Michael RainesDefend Foreclosurehttp://www.forfloridabankruptcy.com/noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-28496184521238948002009-03-29T20:44:00.000-04:002009-03-29T20:44:00.000-04:00Nice post. I like the part about produce-the-note....Nice post. I like the part about produce-the-note. I live in Tampa and know one person he helped, and it actually worked. Well it did not work like some of the newspapers reporting, but they did get new terms that were very favorable and they were able to avoid foreclosure. It really varries by situation and probably the laws of your state on how far this goes. This site has all the videos they have done. Watch all the videos here:<BR/><BR/><A HREF="http://tinyurl.com/bozo2d" REL="nofollow">http://tinyurl.com/bozo2d</A>Juhttps://www.blogger.com/profile/13971070789037251364noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-31317639582339027832009-02-27T18:40:00.000-05:002009-02-27T18:40:00.000-05:00ANON:I'm very sorry to hear what is going on with ...ANON:<BR/><BR/>I'm very sorry to hear what is going on with you. Particularly the regarding illness.<BR/><BR/>I don't think anyone here is talking about people like you. You are a VERY VERY small minority that is hit with such problems....the people most of us are speaking about are not people like you and you are rare exception..not the norm.<BR/><BR/>We're talking about the typical and rampant type of abuser who knew what they got themselves into, got in WAY over their head hoping for a quick buck, and now wants a handout.<BR/><BR/>Does octo-mom sound familiar? It's these types of clowns. And they are ALL OVER the place.<BR/><BR/>Best of luck to you and your husband.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-49862345318560756112009-02-27T16:11:00.000-05:002009-02-27T16:11:00.000-05:00O"my God you people are hartless. I am in this pit...O"my God you people are hartless. I am in this pitcular situation right now. I am far from a crook or an idiot. My husband an I just came across some hard times. Like many Americans. My husband is selemployed and was working steady, I was working for the big three. Everything was looking good. We remorgtage are home on an adjustable arm with the hopes of refinacing in three years. Well one month later I found out I had cancer. After a year of treatment and nine sergeries later, we quite in debt from my lack of being able to work. I was still employed by the big three,but out off and on because I was left parcialy handicap from one of the surgeries. So when I was layed off from work and offered the buyout I took it w/ the hopes of paying off are debt.We payed off all are debt and were only left with our morgatage. But my husband had no work barley and with me particaly handicap we were unable to make our house payment witch keeps going up every six months.We tried working with the morgtage company, but they only had tempory fixes for us. So before you go and open your mouth and bash people, consider that you don't know everybodys situation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-18532777186536511222009-02-25T17:59:00.000-05:002009-02-25T17:59:00.000-05:00Thanks for highlighting this. There's a good "How...Thanks for highlighting this. There's a good "How To" article on using a Produce the Note strategy to delay foreclosure at:<BR/><BR/>http://www.ehow.com/how_4764181_produce-strategy-prevent-delay-foreclosure.html<BR/><BR/>Hope it helps.Davidhttps://www.blogger.com/profile/17732322891474765065noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-58297811075156057582009-02-21T22:12:00.000-05:002009-02-21T22:12:00.000-05:00So you think.You need to get out more. Quality of...So you think.<BR/><BR/>You need to get out more. Quality of life and standard of living is higher in many other places. We started out lower, and we'll go even lower.<BR/><BR/>I guess the silver lining is that most Americans haven't a clue how good other people have it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-89764470496058661982009-02-21T14:38:00.000-05:002009-02-21T14:38:00.000-05:00"The housing bailout and the Iraq war has destroye..."The housing bailout and the Iraq war has destroyed us. One day we will have to pay the piper, I hope its not during my lifetime. Luckily my child has dual citizenship."<BR/><BR/>Likely unhelpful. I saw this coming a few years ago and seriously considered moving overseas. Then I realized that as crappy as the US balance sheets are - they are still probably the strongest in the world.<BR/><BR/>Yeah we gotta pay the piper - but everyone else got a big sh*t sandwich to eat.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-16217476673220463752009-02-20T07:36:00.000-05:002009-02-20T07:36:00.000-05:00The funny part about our taxes bailing them out, O...The funny part about our taxes bailing them out, Our country ALREADY has one of the highest taxes out of all countries (factoring in income, state income, social security and double that number if you are self employed).....and we don't even get state health care or a free university degree.<BR/><BR/>The housing bailout and the Iraq war has destroyed us. One day we will have to pay the piper, I hope its not during my lifetime. Luckily my child has dual citizenship.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-63288317941537488482009-02-20T00:24:00.000-05:002009-02-20T00:24:00.000-05:00I disagree. I'm a renter. Have been for a long ti...I disagree. I'm a renter. Have been for a long time due to what has been going on.<BR/><BR/>I'll be the first to say that I'm overjoyed at what is going on because it's weeding out a lot of crookish, self-serving people. While you may say everyone is like that, I'd disagree again. <BR/><BR/>My intentions were to buy a home to live in..not to buy and play market in...or borrow against and buy toys with.<BR/><BR/>If I can be responsible, then why can't others? Now that they have been irresponsible, selfish, and self-serving, why should THEY get a bailout and not me? What message is this sending people? Act like assholes, screw others, and then we'll pick you up if you fall down? I know that's the American way but come on...this is over the top.<BR/><BR/>Don't feel sorry for such people brother. These people didn't fall into it...you don't simply fall into a casino, start gambling, lose your money, and then turn around and expect to be given your money back.<BR/><BR/>Feel sorry for yourself for having wasted years of your live watching these ass-bags destroy the economy so you can now pay more taxes to bail them out.<BR/><BR/>F'em.<BR/><BR/>Come on man.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-58062504786695892252009-02-19T21:29:00.000-05:002009-02-19T21:29:00.000-05:00i am always surprised by how little sympathy peopl...i am always surprised by how little sympathy people getting foreclosed on get here. I mean, yeah, they made a bad move and it was dumb. And I'll even say, people who can't pay their mortgage should generally be foreclosed on (in the current economic conditions I think it probably makes sense for banks and the government to try all available means to avoid a foreclosure). But jesus people, don't revel in it. Lots of people, millions, bought into the lies, hype and stupidity of realtors, lenders and friends. "Buy now or be priced out forever". "Real estate never loses value". "Stop throwing money away no rent". "You'll always be able to refi or sell". I know I was inundated with shit like that and as a guy in his 20's with no real financial savvy it took me alot of research to see why it was all bullshit. I'm lucky I didn't fall for the BS and feel sorry for those who did.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-91011099712845649162009-02-19T13:45:00.000-05:002009-02-19T13:45:00.000-05:00Well most "homeowners" that are facing foreclosure...Well most "homeowners" that are facing foreclosure are retards. So most likely, they wont know or find out how to do this.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-11453034801409029352009-02-19T13:25:00.000-05:002009-02-19T13:25:00.000-05:00BOTH.It's two crooks trying to screw each other......BOTH.<BR/><BR/>It's two crooks trying to screw each other...that's why it's so amusing.<BR/><BR/>Frankly I couldn't care less what happens to the foreclosed home owners. A very small percentage IMO deserve to have their process stalled and an even smaller percentage should ever see a dime of bailout money.<BR/><BR/>And I hope even a smaller percentage are ever allowed to buy a home again.<BR/><BR/>This is nonsense. I fully blame Wall Street for orchestrating this and God knows just how much fraud is going on there.<BR/><BR/>But I'm not going to let these crooked homeowners off the hook either. Most knew EXACTLY what they were doing. It's their signature on that loan document, it's their decision. They have a brain, they made a choice. They lost. End of story.<BR/><BR/>It's not my responsibility as a cautious and responsible citizen to bail out crooks, gamblers, and charlatans. Now these homeowners sit there crying and demanding notes, whining about they got conned, they didn't this, they didn't know that.<BR/><BR/>At worst they tried to make money knowingly. At best they were extremely stupid. Even then, stupidity should be painful.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-66345619739212233462009-02-19T13:10:00.000-05:002009-02-19T13:10:00.000-05:00Which "crooks"?The borrowers who forestall foreclo...Which "crooks"?<BR/><BR/>The borrowers who forestall foreclosure by demanding the lenders produce the note?<BR/><BR/>OR<BR/><BR/>The lenders who decided the "produce the note" law was antequated, and they simply didnt need to comply with it in the modern world of CDOs?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-6137064435353232762009-02-19T01:53:00.000-05:002009-02-19T01:53:00.000-05:00This is disastrous.Essentially the crooks found a ...This is disastrous.<BR/><BR/>Essentially the crooks found a way around the system.<BR/><BR/>And this won't stop us from subsidizing their mortgages...instead the money will go to the banks directly.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-88554706313029229672009-02-18T18:17:00.000-05:002009-02-18T18:17:00.000-05:00"John Fountain said...Now on the other hand, I'm n..."John Fountain said...<BR/><BR/>Now on the other hand, I'm not sure why the banks don't go down to the deed recorders office and get a copy of the damn paperwork so they can effect the foreclosure."<BR/><BR/>Because most of the time, the issue is the lender doesnt show up with the original note, which is NOT recorded (it is supposed to remain in the lender's possession). <BR/><BR/>The note is technically a negotiable instrument, (like a check) - just like you cant cash a copy of a check, you cant collect on the copy of a note.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-11037239545241396302009-02-18T17:20:00.000-05:002009-02-18T17:20:00.000-05:00What a lowlife that Kathy is. Has she no integrit...What a lowlife that Kathy is. Has she no integrity? It's bad enough that she wasn't honoring her contractual obligation in the first place, but to play games like this is beyond low.<BR/><BR/>Now on the other hand, I'm not sure why the banks don't go down to the deed recorders office and get a copy of the damn paperwork so they can effect the foreclosure.John Fontainhttps://www.blogger.com/profile/00246801870171720131noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-779317881882255932009-02-18T13:12:00.000-05:002009-02-18T13:12:00.000-05:00ISTR that there was a big discussion in calculated...ISTR that there was a big discussion in calculated risk a year ago. http://www.calculatedriskblog.com/2008/02/lost-note-affidavits-skeletons-in.html<BR/><BR/>-Jim A.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-67027892530673568362009-02-18T10:11:00.000-05:002009-02-18T10:11:00.000-05:00beautiful. saves us from having to subsidize thei...beautiful. saves us from having to subsidize their mortgages... at least until we fully nationalize the banks, which is just around the corner. <BR/><BR/>b/c how else will bondholders remain whole thru this debacle?Anonymousnoreply@blogger.com