Recent Comments:
Michelle Hansen Tags Home With Message to Chase Bank: You're 'Stealing' My House {AOL Real Estate}
Feb 10th 2013 10:48AM Thank you!
Michelle Hansen Tags Home With Message to Chase Bank: You're 'Stealing' My House {AOL Real Estate}
Feb 10th 2013 9:28AM Listen;we all have choices in life. I don't expect sympathy for situations I may find myself in, because of choices I've made. Likewise,this woman had a choice. She could have sold her house and gotten out from under her mortgage. If she was underwater or had bought with little or no money down,at the height of the housing bubble,that was her choice as well.People have an obligation to perform due diligence when making a life-altering decision.When things go sour and you don't have a plan B,then where does this woman get off asking her lender to change the terms of her mortgage contract because all of a sudden she doesn't like it? She signed the contract. If she didn't know what she was signing,then that's on her,NOT the bank.She had access to the same information that the lenders did,had she chosen to be proactive in her own loan. A "loan modification" is just a nice term for "I know I signed the contract,but I didn't know what I was doing,and now I want you to change the amount I owe,because I didn't take the time to find out what I was signing" situation. What about all of the other people who DID perform due diligence,made sure they had a contingency plan should the unforeseen happen? So next,anyone who decides they don't like the terms of their original loan,should just stop paying their mortgage and then ask for a "loan modification"? We have become a nation of "it's someone else's fault".I am not saying that all of the banks are Snow White,but people do have a responsibility to know what they are getting themselves into. Just because a lender tells you you can afford something,doesn't make you a sheep that blindly follows someone else,does it? When you acquire a mortgage,you have a duty to consider all possibilities,such as job loss,death,etc. If you do not have a contingency plan in place to keep your home,then you have no business buying it in the first place,so top blaming the banks for your poor choices.
Troy Donovan and His Wife, Dayna, Find Squatters Living in Their Littleton, Colo., Home {AOL Real Estate}
Jul 22nd 2012 1:53PM Exactly. And it SHOULD have taken the squatters about ten minutes to verify whether or not this guy had a license. These people did not WANT to know because they saw the opportunity to get into a house for $5,000.
Troy Donovan and His Wife, Dayna, Find Squatters Living in Their Littleton, Colo., Home {AOL Real Estate}
Jul 22nd 2012 1:51PM Exactly! It shouldn't have taken more than 48 hours to determine: first,that the realtor's license had been revoked, and second,that made any "contract" he signed AS a realtor,null and void. That's it. Nothing more to know.It is positively shameful that the rightful owners had to contend with such an idiotic judge who made them wait eight months before lawfully taking back their own home! Unbelievable!
Troy Donovan and His Wife, Dayna, Find Squatters Living in Their Littleton, Colo., Home {AOL Real Estate}
Jul 22nd 2012 1:49PM Well,the sheriff does not have the power to render a legal decision when there is a dispute,BUT on the other hand,what kind of idiot judge cannot find a document illegal,and therefore null and void within a week or so? All they had to do was confirm that this realtor had had his license revoked,and so had no legal standing to be showing this house to begin with! I just cannot believe that the owners had to wait eight months for the judge to determine that! There is something wrong when the law protects the criminals before the victims.
Troy Donovan and His Wife, Dayna, Find Squatters Living in Their Littleton, Colo., Home {AOL Real Estate}
Jul 22nd 2012 1:45PM And don't forget "you can't fix stupid"!
Troy Donovan and His Wife, Dayna, Find Squatters Living in Their Littleton, Colo., Home {AOL Real Estate}
Jul 22nd 2012 1:44PM You don''t buy ANY house for $5,000,and I am quite sure they didn't bother to check if the paperwork was legal.They were greedy and did not want to know the law.There is none so blind and he who will not see. These people I am SURE knew that what they were doing could not possibly have been legal,yet because of greed,they put THEMSELVES in that situation.If they had taken TWO SECONDS to check out the realtor without a license,none of this would have happened. Just like people who lost millions of dollars to people like Bernie Madoff. They were greedy in that they were promised big returns and so they voluntarily gave their money.Just like drugs. If there wasn't a market for the drugs,there would be no dealers.
Inside Look: NYC's 'Convertible Brownstone' (VIDEO) {AOL Real Estate}
Apr 6th 2012 10:01AM How about a safety hazard? I can't believe that the owner of the building would want the liability.
The Minor Threat: Age-Restricted Communities Evicting Children {AOL Real Estate}
Jan 8th 2012 10:49AM Exactly. If they want to keep their grandchild,then they need to respect the rules.THEY moved there because it was age-restricted. I wonder how they would feel if someone else had children where they expected all adults? They knew the rules when they moved in. I think it is laudable that they are raising the grandchild,but they can't have their cake and eat it too. They need to sell and move somewhere unrestricted. There was a REASON they moved there in the first place...to be in an all-adult community. THEY didn't want children around,so I think it is hypocritical of them to expect an exception to the rules for them alone.
The Mortgage Fix That Can Save the Economy {AOL Real Estate}
Oct 19th 2011 2:18PM I guess if the interest rate was good enough when you wanted that house so badly,it's good enough for you now. It amazes me how people expect banks to reduce what they owe. WHy again? Because you paid too much for your house? Because you were willing and able to sign on the dotted line for that interest rate? Because you just had to have it when you wanted it? Because you bought a house when they were outrageously over-valued? Too bad. Live with your decisions.
