Frustration can lead to poor decision making.

I was amazed to see my former home on the news last night. 
Seven years ago I sold my former home to a young family that seemly had
everything going their way.  It only takes a recession and being self employedbehind in Your Mortgage? www.flexitrealty.com
in a service industry that people can live without.  When the economy turn people have to make cuts in their budgets.  People put off repairs, they cut spending where the can.  It changes peoples lives.  Like so many in Michigan the young couple were foreclosed on, evicted and homeless.

The former owner decided if he couldn't have his house neither could the Bank!  He decided to burn the home down!

The distraught former owner shared his plan and the plot unraveled when the police searched the home.  They found the evidence of the plan and arrested the former home owner.  Now instead of starting over...he is facing serious jail time, up to 10 years in prision.

This is all too familiar a story.  The economy creating family devastation, frustration and loss.

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Gary L White Flexit Realty Grand Rapids Michigan www.FlexitRealty.com

Need to sell fast?  Having trouble making payments?  Call a professional to help you with a short sale before you lose everything.  React before it is too late.

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This post has been included in Michigan Real Estate News Kent County, MI Real Estate News Grand Rapids, MI Real Estate News
Post is included in group: Greater GRAND RAPIDS, MI Real Estate
Post is included in group: Michigan Foreclosure and Short Sale News
Post is included in group: Michigan Realtors
Post is included in group: Realtors®

14 Comments on When Frustration leads to Poor Decisions!

JUN
12
2010
569,544 Points 1 Featured Post Localism Sponsor Outside Blog

Hi Gary,  You're correct about frustration leading to many poor decisions.  Hopefully that owner will get their lives back on track.   Sad story !

1:48pm • #1
184,341 Points 2 Featured Posts

Wow.. no kidding?  Sad what some people go through.  Nice to always take the high road, but easier said than done... Thank you for the post..

1:56pm • #2
548,445 Points 3 Featured Posts Outside Blog

Gary, a sad example of what happens when people focus on problems rather than solutions...

2:00pm • #3
231,523 Points 3 Featured Posts

What a sad story. Not everyone will go to the length to burn down their home, but I've seen plenty of foreclosed homes, where the previous owners have ripped out everything of value, including the toilets. Sad!

2:01pm • #4
132,743 Points Outside Blog

What a painful post to read. Foreclosure is such an emotional experience for homeowners.

2:07pm • #5
1,072,306 Points 70 Featured Posts Outside Blog Attended Rain Camp

Hi Bill, sometimes we can create a glimmer of hope for people by sharing with them the options of a short sale.  It still doesn't change the out come of being required to move.  Thanks for the comments Bill.  Hopefully the oil spill won't reach your shores...I think it has good potential based on the time line projections.  Take care.

2:17pm • #6
1,072,306 Points 70 Featured Posts Outside Blog Attended Rain Camp

Hi Darren, frustration and feeling trapped will do weird things to your head.  Thanks for the comments Darren.

2:18pm • #7
1,072,306 Points 70 Featured Posts Outside Blog Attended Rain Camp

Hi Chris, it is a classic example of the water glass have empty...but while you are in the mess sometimes the emotions are all you can see.  Evaluating your situation clearly becomes very difficult.  Thanks for the comments Chris. 

2:22pm • #8
1,072,306 Points 70 Featured Posts Outside Blog Attended Rain Camp

Hi Sandy, I have seen the same issues in many of the HUD homes and foreclosures.  It is a sad situation.  Thanks for the comments Sandy.

2:23pm • #9
1,072,306 Points 70 Featured Posts Outside Blog Attended Rain Camp

Hi Mike, sometimes posting the reality of what happens will help others facing the same issue in the future.  We can only hope they take a positive approach and look at a short sale.  Thanks for the comments Mike.

2:25pm • #10
498,923 Points 5 Featured Posts Called Shot Master

Gary, I've never seen a foreclosure home burned down, but I've seen plenty that have big holes knocked in the walls, appliances missing, etc... that were obviously not an accident.

3:09pm • #11
535,883 Points 71 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hope it works out for the young family. I don't care who you are foreclosure has to be tough.

11:02pm • #12
JUN
13
2010
803,035 Points 20 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

I have written several times on my other blogs about how there is always a person or family behind a short sale or foreclosure. People with real problems who sometimes only need understanding and compassion  but sometimes, like this one, they need more. I wish them well.

9:27am • #13
JUL
02
2010
115,102 Points Called Shot Master

I just don't understand people sometimes.  Loosing a home can't be easy for anyone, but why make it worse?  I have seen people that completely gut the home toilets, counter tops, EVEN fireplaces.....just why?  These actions only make things worse on the state of the real estate market not to mention possible legal prosecution.

11:31am • #14


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Gary White~Grand Rapids Home Selling Pro Call: 616-784-2360

Grand Rapids, MI

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Grand Rapids Real Estate & West Michigan real estate markets, trends and issues discussed. Technical and personal thoughts pertaining to buying and selling real estate. How-to information, view 1000's of active listings. Go to our website for over 30 Free Reports that could save you thousands. For immediate service... Call: 616-784-2360 or Email: GaryWhite@FlexitRealty.com Flexit Realty® offers "Flexible Real Estate Home Selling Options"


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