Foreclosed Homes and the Legacy of a Family

Gary,

I think the lender is well within their right to take a home back if the owner quits paying.  They homeowner also has the right to be treated with respect and dignity.  Unfortunately there are cases when neither owner or lender act properly.

Gary, one of my first responsibilities as a new agent, some years ago, was to assist a troubled couple  on the verge of catastrophic financial ruin. Their relationship ended tragically in divorce and the ex-husband forced the home into foreclosure. He destroyed, both, his and the credit of his ex-wife. They lost everything and had been happily married for twenty years. They are now both in terrible physical condtion, he's dying, and she had once been a beautiful model and spokesperson.  Their anger towards each other, horrific substance and psychological abuse, and inability to communicate with buyers and cooperating agents took a terrible toll on the process and on their lives. To see fine people lose everything like that and not be able to do anything about it is sad beyond comprehension. My heart was stricken because of their loss. I know how a doctor feels when he loses a patient.

I clicked through to that article and it was worth the few seconds to do so.  Frightening projection!  Fortunately, I don't have a lot of experience with that here, as the D.C. area is one of the few to be doing relatively well in this market - still falling, but not catastrophically.

Gary,

I think some people get violent just for the heck of it.  It is smart to handle these situations with care.

Ann

Gary, these are really challenging times for so many.  It is not easy.  I have heard some horror stories.  All the best, Pat

I have read reports of violence for far less things like this.  People snap and just go nuts.

Gary, it is a sad sign of the times that we live in.