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Divorcing Your House

divorce It's over. The love is gone. We've drifted apart. Sure, there was a time when everything seemed wonderful. How crazy were we having our first lien right away? Remember when we'd spend the weekends together, you, me, a paintbrush, some power tools? You gave me worth and value and it felt so good.

I was so giving in the past, in fact, I gave until it hurt. Our beautiful second lien came along a few years later. I took you on that amazing 7-day cruise through the Eastern Caribbean. I put your kids through boarding school. We put in that pool you always wanted. I even helped buy the boat of your dreams and the Escalade SUV. It was so good for so long.

But something changed in the past few years and I feel like we're strangers. All you want to do is take, take, take and I've got nothing left to give. I thought you knew me and what I worth, but it turns out I was wrong. You look at me with regret, contempt, and sadness. You wonder why you ever got involved with me. And that hurts. Irreconcilable differences.

So the paperwork has been started. My attorney will be contacting you shortly. The relationship is beyond repair and it's time for both of us to move on. And in case you wondered, you're the one that's going to leave. You get the debt, and I get the house.

Posted by Mike Tullio, Blue Skye Lending on 04/15/2008 01:46 PM

Comments (11)

allegory, house, foreclosure, mortgage, opinion, equity, short sale, perspective

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11 Comments on Divorcing Your House

Mike, this is great! (Who do we contact to recommend a featured post) :0

04/17/2008 06:25 PM

by Jackie - Mortgage Virtual Assistant (Close-More-Loans.com)

I think this is a great letter....it almost seemed to real....I don't know if I want to take sides on this one!

04/18/2008 01:13 AM

by Bill Nazur (Nazur Enterprises, Inc. & BAMG)

Are the fixtures included in the dissolution agreement? What were the grounds for divorce? Were they cruel and unusual sprinkler and septic system malfunction due to abandonment? Has the home had it's roof examined by a local practitioner to determine if there is an underlying emotional anomaly? Perhaps mold has made the home ill and it can't think properly? I would recommend that the poor home is provided professional guidance as soon as possible. The home will probably not require hospitalization, however.

Poor, poor home. It's sooooo sad.

04/18/2008 02:50 AM

by David Saks - Real Estate Broker (The Real Estate Mart of Tennessee, Inc.)

Mike,

Very creative post! Getting a prenuptial would help solve some of these agony? Will have to fight for custody of that "Treehouse" that was built together 7 years ago too. :)

04/18/2008 03:09 AM

by Jim Quinn (Century 21)

Note to house: I think you're jumping the gun. Are you sure you can get divorced? You may want to check and see if your state has a mandatory cooling off / counseling period.

04/18/2008 03:14 AM

by Jackie - Mortgage Virtual Assistant (Close-More-Loans.com)

Great post! He said, she said. Always three sides to every story - "his", "hers" and the truth. This sounds like the truth!

04/18/2008 06:54 AM

by Jennifer Kladny Loan Officer ~ Armstrong Co, PA (1st Metropolitan Mortgage)

David, Jim, and Jackie. I knew there would be some outside the box thinkers in the AR fold that would take my feeble attempt at personification to the next level. Well done on the elaboration. Hilarious. I especially like the "underlying emotional anomaly".

Jennifer. You really hit home with your statement; somewhere in the middle lies the truth! Bill was smart to remain neutral. All the love our homes have given us has been a subject-to relationship. Our attachment has been subject to value continuing to rise and now we have some serious dysfunction. Seek a counselor before it's too late!

04/18/2008 04:59 PM

by Mike Tullio, Blue Skye Lending

Another great post Mike. I was thinking recently about the similarities between Home Buying / Marriage and Foreclosure / Divorce (actually planned to write a blog about it) and this captures some of those thoughts really well. Good job!

05/02/2008 03:53 PM

by Kevin Hancock - The Hancock Mortgage Team (The Legacy Group; Capital/Mortgage/Escrow)

Great Letter! That is the truth right there.

John Thomas - Certified Mortgage Planner

05/03/2008 08:50 AM

by John Thomas (Primary Residential Mortgage Inc.)

LOL! This is great! Thanks for the laugh.

Love your wit!

05/05/2008 05:56 PM

by Marie Ogle-Contract Mortgage Processor "The Solution you've been looking for" (Mortgage Processing Solutions)

You weable to put a humorous spin on the situation. Thanks for the laugh.

05/09/2008 04:21 PM

by Laura Moore Godek (Laura Moore Godek, PC)

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