So so so sad. For you idiots who make ignorant comments like "he should have never bought the house to begin with," you're WRONG. The banks PURPOSELY AND INTENTIONALLY gave these adjustable rate mortgages to people they KNEW wouldn't be able to pay it back - they ALSO KNEW the federal government had their backs if the housing bubble were to burst...which it sure as hell did! Just horrible.
The banks who don't even have the right to foreclose forces the people out of their homes-stealing them, and then let the people live on the street. The banks then let the homes sit empty letting them rot. Then they will tear them down or maybe get 1/2 the value-which is 100% profit for them. People better wake up and learn the truth about what these banks are really doing, your home WILL be next
Foreclosure used to mean a deadbeat didn't meet their obligation. Today it typically means a good person was tricked into a set of circumstances that allows their bank to collect many multiples of their mortgage amount in profit if they default. Julio stated his payment jumped from $1400 to $2600, and the bank refused to help. Why would they? His payment increased when our Central Bank raised interest rates 17 times, and his Wall Street bank made a fortune on his loss from credit-default swaps.
freddie macs a bastard and so is charterd law services out of boise idaho a creepy mrs burri the attroeny i built a home that wouldnt sell and rented it out and lived in another home as my primary home and the bastards evicted me and my tennat and i both proved their lease expired 8/1/2011 and they had 90 from that day as per obama but you know how muchconservative creeps in idaho hate obama they didnt serve any ofus a hearing date and even though I DID NOT LIVE AT THIS HOME I GOT A JUDEGMENT
now america's know what it feels like to live like a palestinian and be evicted from your home. the only difference is, you pay for it through your tax dollars thanks to crooked politicians you keep voting in and send down to washington.
They shouldn't jack up the mortgage rate like that, they should keep it at a steady rate. I feel as this "scam" on the part of the lender should be made illegal. Felt bad for the ex homeowner.
Its just messed up how the rich only have to pay a little tax while they go after the middle class people and make us pay the most. We work our hardest like this man here to keep our homes and they just come take everything when we cant... My friend was evicted and he had his house for a long time and he cried cause of all the memorys he had there and now its all gone from just missing payments... gotta love capitalism...
what a slippery bastard"this is one aspect of the job we find very difficult" well not as difficult as this guy you made homeless you piece of $h*t/ so the banks lend you the money and through there own fraudulent greedy practices they put the country in recession and then they want the house back because theyve made it impossible for you to pay the mortgage ,every one in america stop paying your mortgage ?
i posted a video response to this video..that ass bag realtor agent is full of crap hes sorry.He gets paid to see that process through.Hes not there for a humanitarian reason...what a prick to act like he even cares.
I'm actually in tears, it's so sad to see someone who tried to stay in his home and being put out like this, he was so kind through it, it killed me to hear the shaking in his voice, his heart was hitting the floor and could barely get sentences out. We have to be grateful for what we have, even if it's not a lot, we have to be grateful.
I don't feel sorry for this guy. He bought into something he could not afford. Not only that he signed onto an ARMS. STUPID!!!! All you fucktards feeling sorry for this guy because he is an immigrant and didn't understand what he was signing that's no excuse. He should have hired a lawyer to represent him as he bought the place. I have NO sympathy for for people signing into shit they do not understand. That is the height of idiocy. I D I O C Y !!!!!!!
@jburr36 Hi FuckStick this is FuckTard... Yeah, all us thousands and thousands and thousands and thousands of hardworking educated Americans did not take the time to read and understand before signing... But FuckStick, don't you find it kind of strange that so many hardworking Americans are faced with the loss of a job and/or foreclosure? The guy in the video does not represent himself, rather, he represents all the thousands and thousands... FuckStick, stop thinking about yourself!
@FenixPete Hey FuckStick. I couldn't care less if people didn't make plans for rainy days. And I laugh at people who make excuses for other people's naive ignorance stupidity as you seem to be doing. Felling sorry for others who make poor choices in life and suffers the consequences doesn't make you a better person. It makes you a sap. Like an idiot this fucker signed onto something he failed to comprehend and yes he represents thousands. But you know something, it's his fault. Piss off.
@jburr36 Look at your last post dummy... can't you read? I'm FuckTard & you're FuckStick. Looks like you did not proof read your simple reply... Hey FuckStick, rainy days are coming (they always do) and I hope you're humbled when they find you.
@jburr36 I WANNA STICK IT IN YO AZZ! YOU CAN TAKE IT FROM BOTH ENDS? I GOT A FRIEN WHO WANNA FUCK YOU IN YO TIGHT, TIGHT AZZ! LET ME KNOW WHERE WE CAN MEET!
@jburr36 HOW'S THA NICE TENDER LITTLE PINK ROSEBUD OF YOURS DOING? WANT ME TO STUFF MUH HOGLEG IN IT! I RIPPED MY BOIFRIEN'S AZZHOLE, AN LOOKING FOR A NEW BOIFRIEN TO FUCK, ALL NIGHT LONG! YOU GAME? LOLOLOLOLOL!
@FenixPete jburr36 says the same shit on every comment he makes, it's either donkeys, orgasms, ROTFL, 'you're mentally challenged & need therapy' etc. He's come close to making me think he might actually be a bot, not a human being.
@FenixPete oh and he makes up events from his life to make people agree with his points, he's full of shit. He claimed on another vid he had been homeless, then said all homeless people are scum and said all the nasty shit he would do to them if they showed up on his doorstep. All people who lose their home are in the eyes of jburr36, paedophiles, alcoholics, rapists & drug addicts. If stuff on here makes him so angry, he should delete his channel, it's not like he has any vids on it.
@thewr0ngchild Still stalking me, LOL! I'll be adding some videos to my channel in the future. Mostly how to kind. Yeah I was homeless for 10 years. Had a lot of interesting times and frightening times. Looking back it definitely was not the greatest moments of my life however making the right choices to get out of it was. I was 8 years defaulted on my student loans from 1992. 1st thing i did was to stay with my family in AZ and get a job. Then I cleared up that default.
@jburr36 I highly doubt that is true. You're making it up so people agree with you, that's what insecure people like you do. No attention in real life, so you get cheap kicks out of making up fantasy stories on the internet to fill the gap. That's just as bad as being homeless, I feel sorry for you, you lonely old twat.
@jburr36 would that be 'how to hide the fact you still live under mum's house' and 'how to make up stories for attention'? I can't wait to see these vids...
@thewr0ngchild ROTFL! So sure of yourself. What a pain it must be to see the world through such rose colored glasses and ignore other people's experiences. Especially those that contradict your own personal ideology. People like you seem to live in a fishbowl.
@jburr36 lying about being homeless just to get people to agree with you is certainly worth one of your ROTFLs. I bet you tell people in real life that you were once homeless just to get the oohs & ahhs.
Then I slowly worked my way out of it. Eventually going back to college and getting a couple of associate's degrees. Now I'm buying a house of my own and the payments including taxes and insurance are actually a third of what it would cost me to rent a place like that.
The only people I would ever help would be those who put at least 5 to 10 times the effort to help themselves out of their situation. You cannot help those who don't help themselves. You only perpetuate their situation
and that is cruel. There are plenty of government agencies and religious organizations that give the homeless aid but if you notice that those people still stay homeless. They are not willing to help themselves. It's their own choice. Our government's economies are on the verge of collapse because our 'social safety nets' do very little to encourage people to get motivated, educated and to take responsibility for their own situations and change it.
They are most comfortable having other people bear the burdens of their own existance. Take a look around the world and see how this is destroying the very fabric of our societies. You want our standards of living to collapse then keep on supporting a social safety net that requires the recipients to contribute very little to nothing to improve their own qualities of life in return.
But yeah, I spent years in homeless camps. Some broken up by the counties because of the crime and waste
of resources not to mention a serious health hazard (no toilets or waste disposal if you know what I mean. It was burried in shallow pits). And the communitees around them complained. One night some idiot from town came down to the clam beach camp and dumped his garbage in a neighboring camp. That guy came out of his broken down bus and started firing off his shotgun at that person. Wasn't long after that the county kicked everyone out. It was there and the south jetty in humboldt county
and the slabs down in niland (both in california. The south jetty was closed in 1996 and clam beach in 1992 but do a google search on slab city in niland. It's still an active camp and dump) where I saw a lot of the criminal fugatives and substance abusers. They hauled out 3 child molesters from slab city in one winter when I was there.
My homelessness officially ended on the spring of 2002.
Well if you are still in foreclosure just make them produce the note.Note being the contract you signed with the bank.You dont want a copy of your contract they need to show the original "Wet Ink Contract" Not to mention they must show the contract and the deed at the same time to show possession of ownership.And its 90% chance they cant do it because the note was sold on the market.I do securitization audits to help stop foreclosure and thats what I would do.
ARM YOURSELVES. When these piece of shit mother fuckers come to your door, start blasting and let the chips fall where they may. Be sure to aim for the suits most of all not the sheriff, he's just doing his job. Take these heartless ass holes out! They've ruined this country and for many, being homeless is sometimes worse than being dead. It's the final act, the one thing you have control over. When these bastards come to my door it's going to be the O.K. Corral.
It is not always job loss, illness, or buying more than you can afford. Dishonest banks and lending companies screw people like this every single day. HAMP funds were given to these bastards to help out the people falling behind. But it does not work. They use stall tactics saying they will lower your payment and then when you are waiting for them to decide they foreclose. Look up Litton Loan for an example.
A cousin of mine was getting "evicted" from a house he'd lived in for 10 years when the law got there he had his doors and windows boarded up from the inside. They ended up using sledgehammers and a large amount of time to smash in the boards which basically almost took the wall down with it. Then once the cops left he just went back inside and kept living there until they came back.
this is very very sad. i am very sorry to hear all these things happening to america. people's life ruin just like this. in an instant. as i saw this video, i saw the pain in him. the whole foreclosure thing is a downright insult to a person's ability to live and feed for his or her family.
My heart goes out this poor guy :( he looks like a nice man trying to live his life and they spike up his monthly payments and expect him to pay the 175% increase? C'mon! be realistic! poor guy he looked like he was about to cry i feel so bad :(
Stop you forclosure before its to late. Go to [icansuemylender. com] The reason the website name is apart is youtube wont let you post website names as comments. so go to this site it will help you, it helped me SAVE MINE !!
Dumb fucking americans! This nearly happend in sweden in the early 90´s but didnt effect so many people because they didnt loaned more than 85 % of the loan.
way to many being kicked out what about the children what about everyone and or everything people had to work for just to get this house....................Dont continue with these stupid fucking forclosure what are they trying to prove..."where a bunch of assholes who dosent give a fuck about the american community" thats how i see them
THIS CRISES IS FROM THE BANKS AND GOVERNMENT,if you are being forclosed, cancel your insurance, file bankruptcey,get a electric fryer,fill it with oil,turn it on HI, and leave. thats the best way to SCREW the banks.and if asked,you can say oh! i must have forgotten.
Jesus said forgive us our debts even as we forgive our debtors. We are in debt to God with a body,and soul hopelessly in debt that dies being evicted from life. We have to get away from that sweet smelling money that causes us to lust after a vain thing. God gives,and when God is in us we will also give to others. God says ask and it shall be given you.seek,and ye shall find knock, and it shall be opened unto you. When that is put into practice all of us will have a roof over our heads.
This is a sad day in a America. :( My heart goes out to the guy. he had a plan, was meeting the payments, they hiked them up. Now all his hardwork in that home and toward owning that home, erased. It just seems criminal.
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People need to plan better to prevent this. It's too bad but most often people don't stop to look at the big picture when signing mortgage contracts. They only look at the monthly payments in the short term basis. Such schemes as APR, Balloon payments and what not they don't really pay attention to and this is what happens. Most people borrow on 30 year loans not realizing that a 15 year loan is only 15% or so increase in payments yet saves more than 100% IN INTEREST ALONE. Do the math.
this really sucks... all these homes and america would rather have them empty than to just allow people to live.. its crazy, its not like we can just live on the street.. we can't just pick a corner and say, well I will live here, america sucks...for real
3:43 ... you dont see bread lines or food lines.... No, you don't... you don't see them because they have an ATM card that is sucking the cash out of your, and your childrens future...but no, you don't
At least call the 55 year old man a taxi or something, give him like $20 or something at least. Dont just leave him like that after u locked his door, WTF. OMFG!
Payment went up from 1400 to 2600! BANKSTERS/GANGSTERS! Look at that guy he is totally broke by any terms... I almost criyed looking at him. End of American Dream.
The banks were clearly off their rocker. How in the world was a painter supposed to pay for an overpriced $285,000 house. This is really sad! Conventional wisdom says household income should be at least $95,000/year (1/3 purchase price) to support a mortgage on this house.
This poor guy... I know what some people will say, he signed and agreed, but still there is a special place in hell for these greedy fat cat bankers and the entire ass backwards system really...
these banks way overpriced houses, and construction companies overbuilt, the ARM loans created an even bigger mess, banks trying to get wealthy off the poor. Add to that high fuel cost, layoffs, it was inevitable. This is the result of greed.
Why repossess/foreclose when the house stands empty and falls to pieces?! \why don't these financial clown just rent the homes back to the occupiers at an affordable level on the basis they continue to maintain them until/if or when, the economy gets better? I could understand it if their were other buyers chomping at the bit for these houses, but if they are empty the asset deteriorates.
This right here is the result of an ARM. GO WITH A FIXED APR FOLKS!!! ARMS were designed by crooks who knew the market would tank (at least that's what I believe). I was fortunate to buy a couple years ago with a low rate and a good price. Hopefully the wife can find a job soon so we can keep it. Good luck everyone.
@Yankhadenough Ya, never go with a home equity loan to, but I would recommend a 30 year fixed with no pre-payment penalties so you're not as pressed to pay it off so quickly if something were to happen to your income.
@jawsrock1 I started out 30 year at 11% fixed and refinanced after the APR dropped, to 15 years at 8% fixed. We certainly could not handle a 15 year from the start, however I will always be glad for refinancing when the fixed APR dropped to single-digit, home is paid off now.
I am raging mad at these lenders that sell ARMs to unsuspecting people!
@Yankhadenough Ah. You're smart and fortunate. I bet you had a lower APR for using a 15 year vs. a 30 year. I've started out a little more than two years ago myself. I knew going in that it had to be a fixed 30 year, nothing else. The wife wants to modify already, but I don't feel too comfy about that right now. I tried to explain that banks don't ever give up an opportuity to make money...it's just bad business.
@jawsrock1 Listen to your wife! As long as your payments are on time, start shopping reputable lenders for 15 year FIXED rates (hopefully lower rate than what you started at, but 15 year is still great and of course FIXED is still the only way to refi). We did a rollover on the points, so that was added on and the mortgage payment was still do-able after refi. When you see the amortization chart on how you save with 15 years FIXED, you'll be picking your jaw off the floor w w w. erate. com/
@jawsrock1 of course don't do refi if the new monthly payment is too high to handle for one income, but I'm sure you know that already, just had to get that off my shoulders ;-)
He shouldn't have paid so much money. I feel bad for him. I feel bad for the real estate guy too since real estate people have to have their spouses support them. Same idea as a car salesman but they make less money on the whole. I guess if your spouse makes a lot of money it's an easy hobbie. If not, they have to get real jobs.
I feel so sad for this man and others like him. I was fortunate to buy my house when I was 22 yrs old. The interest rate was high, 18-19 percent. But I purchased my house at that time for 23,900 dollars. That was 1982. I would not be able to afford todays prices. My heart goes out to you dear sir.
Just five servings of privately owned property a day, can make your bones strong like uranium, and give you a more diverse homeless commuity. not to mention that dazzling Hitler "milk moustache".
@noonesflower Hell, if they did, then they would've been out there with him....it sucks, but they were just doing their jobs....the locksmith probably said a prayer that he was able to make his morgage that month.
There were no $90,000 houses in Northern Virginia in 2005. 285K got you a small older townhouse condo, like the one he bought. The economic downturn coupled with exotic mortgage products probably made for this guy's loss, far more than his trying to live extravagantly. Hopefully he can find an OK place to rent and get back on his feet.
A classic case of trying to live beyond your means, no disrespect, but a house painter shouldn't buy a $285,000 house. I feel sorry for the guy 'cause now he has no money to even rent a room, he wasted it all trying to save his over priced house. He should of bought a modest home in his "reality" price range (about $90,000 max), and he would have money in his pocket and a place to live.
It was wrong for that sheriff deputy to joke about it. Nobody who is taking that home is really sorry; because their making money off of a mortgage con.
i cant wait till the revolution starts , all banks goverenmnt will die, i garantee you that noone will escape the wrath, but soon ,soon they will learn what life really is , if you dont believe me watch , watche when the goverenmnt ,the all powerful one will crumble to its knees, and banks also , they will cry like babies and then be shoot.
and then there are the quick buck house flippers that couldnt sell in time before their ARMs changed gears and doubled their payment. It s not as sad as this poor guy since they probably didnt live in the ouse they were looking to flip.
@ssike0 I don't think he was going to flip. Look at the house (looks like a condo) @0:15 and @ 2:45 she says "he bought at the 'hight' of the market and paid about $285,000" for it. He just plainly overpaid, there's no way he could of possibly of flipped that place and made money. Unfortunately that property was a loss since the day he bought it.
My man works, I am disabled and been fighting the wonderful social security department for the past year even the doctors have written statements that I am disabled to them but nope won't pay so he is working his ass off to pay just our rent. Our rent alone is 495 a month plus utilities. We don't have cable, a car, long distance on our phone yet our landlord is still evicting us. We tried to go to the county for help but they denied us. They don't care, even if you pay them as much as you can.
If we were all more united, then we could stand against this kind of injustice. Like the sheeple we are, we go ahead and do what the powers that be tell us to because we say "oh well, it's not me". NOT YET IT ISN'T YOU. I am referring to that handyman who came to the change the locks. The suit wouldn't be able to do it without him, that's for sure. If all handipersons refused to comply, it would be difficult to accomplish.
There is an excellent article on balancewealthradio(dot)com about the fraud in the foreclosure market. As per the article, title companies are not turning away from insurancing these properties.
these people signed the mortgages and didn't bother to read it. fucking dumbasses. I knew this was a fucking scam back then. my mortgage rate is fixed
@PhuckHue2 Yeah ..so fall ill, disabled or unemployed and find yourself in the same boat as these unfortunate folks. You fucking dumbass..or did you not think about that! What a troll!
@DullardGuy that won't happen because I have money. If you are stupid enough to sign those ripoff mortgages then you deserve anything that happens to you
@PhuckHue2 Well then the next option for you would be to fall of he face of the earth. Calling those who were mislead or misinformed "dumbasses" is really unecessary!
WARNING: Do not walk away from your mortgage if you lied on the application. It is bank fraud (mail/wire fraud). Defaults are investigated by FBI. They check your income against your 1040s and contact employees. My friend refinanced his 1.4 million house for a divorce. He exxagerated income,then walked away. Bank lost about 850,000, and FBI came knocking. He got 36 months and 1.2mil in restitution/fines.
2:15 all realtors are tools, look at this flake. The most successful realtors are, or used to be, hot chicks. (build up a client base for years, and can still be successful later when they are ugly). People respond to the ads of hot chick realtors, and the broad is fooled into thinking what she does is important, and shes a "real success". Funny, I was in the biz 7 years and saw it all the time.
WARNING: Do not walk away from your mortgage if you lied on the application. It is bank fraud (mail/wire fraud). Defaults are investigated by FBI. They check your income against your 1040s and contact employees. My friend refinanced his 1.4 million house for a divorce. He exxagerated income,then walked away. Bank lost about 850,000, and FBI came knocking. He got 36 months and 1.2mil in restitution/fines.
@JoeDaPlumber What are you supposed to do when there are not any jobs then? People default on payments after they become jobless, sick or disabled usally. Why should I as a tax payer have bail out the banks, but when we the people need help they bank slaps us in the face?
@82Nikkis Sick or disabled is a whole different deal which are taken care by SSI, Section 8, food stamps, they'll be ok no matter what. The jobless just need to find another job. There is work out there. Why do I keep getting job offers then all the time at my university?
@JoeDaPlumber Most of the time SSI denies you, well that is what I usally see working at a hospital and a non-profit law firm. Also I believe it depends on what part of the country people live in, some states have worse unemployment than others.
@82Nikkis they probably don't get it b/c they're not entitled to it. My gf is an idiot and she got it without any lawyers, but she is genuinely disabled by bipolar disorder and her being stupid. I don't mean to be of bad character but she is very dumb.
@82Nikkis If the govt would have saved all them outsoursed jobs and supported free trade and all this globalist garbage people would be able to afford things made in china now
@ddstar hey dumbass people didn't but the house expecting to get foreclosed its something that happened when the stock market crashed and people had unexpected expenses
@mkmkmkmk131 You have no idea what you are talking about. This man is a painter who took out an ARM loan that reset on him. He is UNEDUCATED in finance and got screwed because of it. The market crash was BECAUSE of these reseting ARM loans on sub-prime mortgages.
Don't even dare think you know what you are talking about.
Realtors are like bookies and stockbrokers. They make money if you buy a house, they make money if you sell a house, they make money if they foreclose a house.
Bullshit. When the economy takes a dump and you cannot find a job, that doesn't have anything to do with what you could afford. Some people had very good jobs when they first bought their homes. Then the recession came and they lost those jobs. Some people are still losing their jobs. I say walk away and then file bankruptcy so that they cannot come after you for the deficiency. Make the lenders eat that shit.
@SuperFlorida85 True but this guy was a house painter (see 1:18), and bought this house for $285,000 (see 2:42). So yea I'd say he bought out of he price range, and also paid wayyy to much for that place. It also looks like a condo, so he probably had HOA fees, then tack on utilities, groceries, taxes, etc.. I think it was obviously inevitable he was headed for financial ruin. In reality, with his job,he could probably afford about 1/3 of what paid to live comfortably.
Some of the initial conversation between Julio and the Deputy Sheriff is inaudible. The Deputy says "I saw the keys on the (inaudible)..." It's unclear whether the Deputy let himself in or was let in by Julio. Can anyone familiar with the eviction process clarify this for me?
13 trillion to the banks and nothing for the home owner..., the land of freedum is working for you.Capitalism works for the little employee, the CEO's love your little children, they want them to go to Harvard!
I have sympathy for people that purchased a reasonable size home with a reasonable size mortgage. I only have laughter for people that baught a $600,000 dollar home and are "loosing their home" due to stupidity and greed!
Chalking this up to "Fed incometence" is okay with me, but the timing of their interest rate moves suggest something far more criminal. It just can't be a coincidence that rates were risen in such extreme fashion, just as millions of ARM mortgages were about to reset and Goldman (and others) were loading up with credit default swaps. Either way, is Bernanke someone who should have been reapointed?
When people take $270,000 mortgage out on a tiny 1 bedroom house then this happens.. The house values became a joke - and people borrowed against those house values.
.
It doesn't take a genius to work out that if a guy earning $75000 a year can't afford to buy a house big enough to raise a family without a 6x mortgage - then the market is massively overinflated.
.
Californias still got another 30-50% to drop for prices to be inline with rents... thats a 20% fall and no rise for a few years.
it doesnt matter who you are this is happening to everyone....and everyone has that dream to own their own home...however america and it's bank partners are corrupting their only customers...Dam people who are suppose to be for the people...
So so so sad. For you idiots who make ignorant comments like "he should have never bought the house to begin with," you're WRONG. The banks PURPOSELY AND INTENTIONALLY gave these adjustable rate mortgages to people they KNEW wouldn't be able to pay it back - they ALSO KNEW the federal government had their backs if the housing bubble were to burst...which it sure as hell did! Just horrible.
thethugyone 2 days ago
He should never had bought that house to begin with
floridaman2000 2 weeks ago
@floridaman2000 I'm sure he did not know that one day his home would be under foreclosure.
williamstrong08 2 days ago
The banks who don't even have the right to foreclose forces the people out of their homes-stealing them, and then let the people live on the street. The banks then let the homes sit empty letting them rot. Then they will tear them down or maybe get 1/2 the value-which is 100% profit for them. People better wake up and learn the truth about what these banks are really doing, your home WILL be next
MrOne4truth 1 month ago
Credit-default swaps create incentives to destroy companies and homeowners. They have nothing to do with Capitalism.. they are pure Wall Street evil.
farmboycarl 1 month ago
Foreclosure used to mean a deadbeat didn't meet their obligation. Today it typically means a good person was tricked into a set of circumstances that allows their bank to collect many multiples of their mortgage amount in profit if they default. Julio stated his payment jumped from $1400 to $2600, and the bank refused to help. Why would they? His payment increased when our Central Bank raised interest rates 17 times, and his Wall Street bank made a fortune on his loss from credit-default swaps.
farmboycarl 1 month ago
how i hate this country the land of the free my ass....the rich just stay getting richer and the poor stay poorer wtf.......sad
mspunchybaby 1 month ago
the man said he put a lot of money into the house for repairs
he should have put that money in a savings account for a rainey day
only an idiot doesn't have 6 months to a year of money set aside for a raint day
what is the bank suppose to do?
send out notice that you can't get you money out of the bank until a few home owners catch up with payments????
ikantspelkrap 1 month ago
freddie macs a bastard and so is charterd law services out of boise idaho a creepy mrs burri the attroeny i built a home that wouldnt sell and rented it out and lived in another home as my primary home and the bastards evicted me and my tennat and i both proved their lease expired 8/1/2011 and they had 90 from that day as per obama but you know how muchconservative creeps in idaho hate obama they didnt serve any ofus a hearing date and even though I DID NOT LIVE AT THIS HOME I GOT A JUDEGMENT
zr1zora 1 month ago
This has been flagged as spam show
Bank does not help
chicagowireless 1 month ago
God that's not right, not right at all... and is the police man finding funny
AIAleks 2 months ago
we nead to go to washington and evict goldman sachs out of our treasure we should have a choice of whos in our goverment offices
poorsurvialest 2 months ago
now america's know what it feels like to live like a palestinian and be evicted from your home. the only difference is, you pay for it through your tax dollars thanks to crooked politicians you keep voting in and send down to washington.
xgotfiveonitx 3 months ago
They shouldn't jack up the mortgage rate like that, they should keep it at a steady rate. I feel as this "scam" on the part of the lender should be made illegal. Felt bad for the ex homeowner.
GIGNica 3 months ago
Its just messed up how the rich only have to pay a little tax while they go after the middle class people and make us pay the most. We work our hardest like this man here to keep our homes and they just come take everything when we cant... My friend was evicted and he had his house for a long time and he cried cause of all the memorys he had there and now its all gone from just missing payments... gotta love capitalism...
Navyseals213 4 months ago 2
@Navyseals213 dont vote for a republican j/s. It is very messed up. I agree.
notagainjez 3 months ago
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Navyseals213 4 months ago
what a slippery bastard"this is one aspect of the job we find very difficult" well not as difficult as this guy you made homeless you piece of $h*t/ so the banks lend you the money and through there own fraudulent greedy practices they put the country in recession and then they want the house back because theyve made it impossible for you to pay the mortgage ,every one in america stop paying your mortgage ?
chazblighty 4 months ago
A mortgage is just a rental with the bank as landlord. So it was never really yours. Get up and start again somewhere else.
jinn13 4 months ago
i posted a video response to this video..that ass bag realtor agent is full of crap hes sorry.He gets paid to see that process through.Hes not there for a humanitarian reason...what a prick to act like he even cares.
rewire69 4 months ago
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rewire69 4 months ago
I'm actually in tears, it's so sad to see someone who tried to stay in his home and being put out like this, he was so kind through it, it killed me to hear the shaking in his voice, his heart was hitting the floor and could barely get sentences out. We have to be grateful for what we have, even if it's not a lot, we have to be grateful.
brooklynlulu 4 months ago
he was stitched up by the scum who sold him the loan.
christuiqbul 5 months ago
I don't feel sorry for this guy. He bought into something he could not afford. Not only that he signed onto an ARMS. STUPID!!!! All you fucktards feeling sorry for this guy because he is an immigrant and didn't understand what he was signing that's no excuse. He should have hired a lawyer to represent him as he bought the place. I have NO sympathy for for people signing into shit they do not understand. That is the height of idiocy. I D I O C Y !!!!!!!
jburr36 5 months ago
@jburr36 Hi FuckStick this is FuckTard... Yeah, all us thousands and thousands and thousands and thousands of hardworking educated Americans did not take the time to read and understand before signing... But FuckStick, don't you find it kind of strange that so many hardworking Americans are faced with the loss of a job and/or foreclosure? The guy in the video does not represent himself, rather, he represents all the thousands and thousands... FuckStick, stop thinking about yourself!
FenixPete 5 months ago
@FenixPete Hey FuckStick. I couldn't care less if people didn't make plans for rainy days. And I laugh at people who make excuses for other people's naive ignorance stupidity as you seem to be doing. Felling sorry for others who make poor choices in life and suffers the consequences doesn't make you a better person. It makes you a sap. Like an idiot this fucker signed onto something he failed to comprehend and yes he represents thousands. But you know something, it's his fault. Piss off.
jburr36 5 months ago
@jburr36 Look at your last post dummy... can't you read? I'm FuckTard & you're FuckStick. Looks like you did not proof read your simple reply... Hey FuckStick, rainy days are coming (they always do) and I hope you're humbled when they find you.
Best Regards,
FuckTard (& proud of it)
FenixPete 5 months ago
@FenixPete Whatever you want to call yourself is irrelevent. The main point of my post still stands. ROTFL!
jburr36 5 months ago
@jburr36 I WANNA STICK IT IN YO AZZ! YOU CAN TAKE IT FROM BOTH ENDS? I GOT A FRIEN WHO WANNA FUCK YOU IN YO TIGHT, TIGHT AZZ! LET ME KNOW WHERE WE CAN MEET!
DeadPederastXXIX 5 months ago
@DeadPederastXXIX Put the crack away and get a job you pathetic fucktard.
jburr36 5 months ago
@jburr36 I CAN MAKE YO AZZ FEEL REAL GOOD! MAKE YOU WALK BOWLEGGED THE NEXT DAY!
DeadPederastXXIX 5 months ago
@jburr36 WANNA GET FUCKED! SEND ME YO NUMBA! STICK IT TO YOU REAL GOOD, BITCH!
DeadPederastXXIX 5 months ago
@jburr36 HOW'S THA NICE TENDER LITTLE PINK ROSEBUD OF YOURS DOING? WANT ME TO STUFF MUH HOGLEG IN IT! I RIPPED MY BOIFRIEN'S AZZHOLE, AN LOOKING FOR A NEW BOIFRIEN TO FUCK, ALL NIGHT LONG! YOU GAME? LOLOLOLOLOL!
DeadPederastXXIX 2 months ago
@FenixPete jburr36 says the same shit on every comment he makes, it's either donkeys, orgasms, ROTFL, 'you're mentally challenged & need therapy' etc. He's come close to making me think he might actually be a bot, not a human being.
thewr0ngchild 5 months ago
@FenixPete oh and he makes up events from his life to make people agree with his points, he's full of shit. He claimed on another vid he had been homeless, then said all homeless people are scum and said all the nasty shit he would do to them if they showed up on his doorstep. All people who lose their home are in the eyes of jburr36, paedophiles, alcoholics, rapists & drug addicts. If stuff on here makes him so angry, he should delete his channel, it's not like he has any vids on it.
thewr0ngchild 5 months ago
@thewr0ngchild Still stalking me, LOL! I'll be adding some videos to my channel in the future. Mostly how to kind. Yeah I was homeless for 10 years. Had a lot of interesting times and frightening times. Looking back it definitely was not the greatest moments of my life however making the right choices to get out of it was. I was 8 years defaulted on my student loans from 1992. 1st thing i did was to stay with my family in AZ and get a job. Then I cleared up that default.
jburr36 5 months ago
@jburr36 I highly doubt that is true. You're making it up so people agree with you, that's what insecure people like you do. No attention in real life, so you get cheap kicks out of making up fantasy stories on the internet to fill the gap. That's just as bad as being homeless, I feel sorry for you, you lonely old twat.
thewr0ngchild 5 months ago
@jburr36 would that be 'how to hide the fact you still live under mum's house' and 'how to make up stories for attention'? I can't wait to see these vids...
thewr0ngchild 5 months ago
@thewr0ngchild ROTFL! So sure of yourself. What a pain it must be to see the world through such rose colored glasses and ignore other people's experiences. Especially those that contradict your own personal ideology. People like you seem to live in a fishbowl.
jburr36 5 months ago
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thewr0ngchild 5 months ago
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thewr0ngchild 5 months ago
This has been flagged as spam show
@jburr36 lying about being homeless just to get people to agree with you is certainly worth one of your ROTFLs. I bet you tell people in real life that you were once homeless just to get the oohs & ahhs.
thewr0ngchild 5 months ago
Then I slowly worked my way out of it. Eventually going back to college and getting a couple of associate's degrees. Now I'm buying a house of my own and the payments including taxes and insurance are actually a third of what it would cost me to rent a place like that.
The only people I would ever help would be those who put at least 5 to 10 times the effort to help themselves out of their situation. You cannot help those who don't help themselves. You only perpetuate their situation
jburr36 5 months ago
and that is cruel. There are plenty of government agencies and religious organizations that give the homeless aid but if you notice that those people still stay homeless. They are not willing to help themselves. It's their own choice. Our government's economies are on the verge of collapse because our 'social safety nets' do very little to encourage people to get motivated, educated and to take responsibility for their own situations and change it.
jburr36 5 months ago
They are most comfortable having other people bear the burdens of their own existance. Take a look around the world and see how this is destroying the very fabric of our societies. You want our standards of living to collapse then keep on supporting a social safety net that requires the recipients to contribute very little to nothing to improve their own qualities of life in return.
But yeah, I spent years in homeless camps. Some broken up by the counties because of the crime and waste
jburr36 5 months ago
of resources not to mention a serious health hazard (no toilets or waste disposal if you know what I mean. It was burried in shallow pits). And the communitees around them complained. One night some idiot from town came down to the clam beach camp and dumped his garbage in a neighboring camp. That guy came out of his broken down bus and started firing off his shotgun at that person. Wasn't long after that the county kicked everyone out. It was there and the south jetty in humboldt county
jburr36 5 months ago
and the slabs down in niland (both in california. The south jetty was closed in 1996 and clam beach in 1992 but do a google search on slab city in niland. It's still an active camp and dump) where I saw a lot of the criminal fugatives and substance abusers. They hauled out 3 child molesters from slab city in one winter when I was there.
My homelessness officially ended on the spring of 2002.
jburr36 5 months ago
So sad to see. Hopefully he found somewhere
manicbassa 6 months ago
Well if you are still in foreclosure just make them produce the note.Note being the contract you signed with the bank.You dont want a copy of your contract they need to show the original "Wet Ink Contract" Not to mention they must show the contract and the deed at the same time to show possession of ownership.And its 90% chance they cant do it because the note was sold on the market.I do securitization audits to help stop foreclosure and thats what I would do.
rewire69 6 months ago
ARM YOURSELVES. When these piece of shit mother fuckers come to your door, start blasting and let the chips fall where they may. Be sure to aim for the suits most of all not the sheriff, he's just doing his job. Take these heartless ass holes out! They've ruined this country and for many, being homeless is sometimes worse than being dead. It's the final act, the one thing you have control over. When these bastards come to my door it's going to be the O.K. Corral.
evilfreethinker 6 months ago
evict the crooks! NOW!
mindrapeart 6 months ago
SPEECHLESS
nursedjones 7 months ago
It is not always job loss, illness, or buying more than you can afford. Dishonest banks and lending companies screw people like this every single day. HAMP funds were given to these bastards to help out the people falling behind. But it does not work. They use stall tactics saying they will lower your payment and then when you are waiting for them to decide they foreclose. Look up Litton Loan for an example.
ANGRYEYEBROWS 7 months ago
A cousin of mine was getting "evicted" from a house he'd lived in for 10 years when the law got there he had his doors and windows boarded up from the inside. They ended up using sledgehammers and a large amount of time to smash in the boards which basically almost took the wall down with it. Then once the cops left he just went back inside and kept living there until they came back.
tubevideoguy762 7 months ago
this is very very sad. i am very sorry to hear all these things happening to america. people's life ruin just like this. in an instant. as i saw this video, i saw the pain in him. the whole foreclosure thing is a downright insult to a person's ability to live and feed for his or her family.
royalblood1987 7 months ago
America's lost!!!!
RICKYRICK2011 8 months ago
@RICKYRICK2011 Capitalism
tvgirlnyc 6 months ago
should have called Elvis and the colonel
ElvisandtheColonel 8 months ago
that is super super fucked how can a bank just do that to a person hike up the mortgage payments :( sad world
karan6 8 months ago
most of the people who got foreclosed were given liar/stated income loans, i dont feel sorry for the illegal .
drummerg2 8 months ago
@drummerg2 go fuck yourself
BdOg2012 8 months ago
My heart goes out this poor guy :( he looks like a nice man trying to live his life and they spike up his monthly payments and expect him to pay the 175% increase? C'mon! be realistic! poor guy he looked like he was about to cry i feel so bad :(
Sphyrnas 9 months ago
This has been flagged as spam show
Stop you forclosure before its to late. Go to [icansuemylender. com] The reason the website name is apart is youtube wont let you post website names as comments. so go to this site it will help you, it helped me SAVE MINE !!
ANYSIA000 9 months ago
every member of congress including the president and all bank ceo's will burn in hell forever.
redbonegal 9 months ago
Dumb fucking americans! This nearly happend in sweden in the early 90´s but didnt effect so many people because they didnt loaned more than 85 % of the loan.
Look at swedens economi, we are the best!
loki04sw 9 months ago
americans should star burning this houses and leave the banks only ashes
mayimbin 9 months ago
way to many being kicked out what about the children what about everyone and or everything people had to work for just to get this house....................Dont continue with these stupid fucking forclosure what are they trying to prove..."where a bunch of assholes who dosent give a fuck about the american community" thats how i see them
ImDooinurmom 9 months ago
poor guy!!!!!
KenoSunastyLickedMe 9 months ago
This has been flagged as spam show
CAN YOU BELIEVE THAT FUCKING REALTOR APOLIGISED !!
vinandwes 10 months ago
THIS CRISES IS FROM THE BANKS AND GOVERNMENT,if you are being forclosed, cancel your insurance, file bankruptcey,get a electric fryer,fill it with oil,turn it on HI, and leave. thats the best way to SCREW the banks.and if asked,you can say oh! i must have forgotten.
trapptowers 10 months ago
@trapptowers The slash and burn tactic always worked for the Russians! Fuck the banking terrorists and the political whores who harbor them!
PrimeConsciousness 4 months ago
He was just too fucking lazy too pay the fucking bill
floridaman2000 10 months ago
This has been flagged as spam show
dont apologize you worthless piece of shit....
SOLID2INFINITY 10 months ago
When all of us love giving even as God is giving God will be able to come back,and make all things new.
kobidobidog 10 months ago
Jesus said forgive us our debts even as we forgive our debtors. We are in debt to God with a body,and soul hopelessly in debt that dies being evicted from life. We have to get away from that sweet smelling money that causes us to lust after a vain thing. God gives,and when God is in us we will also give to others. God says ask and it shall be given you.seek,and ye shall find knock, and it shall be opened unto you. When that is put into practice all of us will have a roof over our heads.
kobidobidog 10 months ago
This is a sad day in a America. :( My heart goes out to the guy. he had a plan, was meeting the payments, they hiked them up. Now all his hardwork in that home and toward owning that home, erased. It just seems criminal.
digitalgenitals 10 months ago 7
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pttugasuk 5 months ago
am i the only one that starting crying.
leelulove24 10 months ago 2
People need to plan better to prevent this. It's too bad but most often people don't stop to look at the big picture when signing mortgage contracts. They only look at the monthly payments in the short term basis. Such schemes as APR, Balloon payments and what not they don't really pay attention to and this is what happens. Most people borrow on 30 year loans not realizing that a 15 year loan is only 15% or so increase in payments yet saves more than 100% IN INTEREST ALONE. Do the math.
jburr36 10 months ago
This is just heart breaking....May God Bless this man.
mpsis65 11 months ago
this really sucks... all these homes and america would rather have them empty than to just allow people to live.. its crazy, its not like we can just live on the street.. we can't just pick a corner and say, well I will live here, america sucks...for real
missscorpio1029 11 months ago
This has been flagged as spam show
mother fuckers
Lukewarm109 11 months ago
motherfuckers
Lukewarm109 11 months ago
3:43 ... you dont see bread lines or food lines.... No, you don't... you don't see them because they have an ATM card that is sucking the cash out of your, and your childrens future...but no, you don't
see it"...
dillondailynews 11 months ago
omg i feel so bad for that man... if i was wealthy i swear id buy that guy a home. id be like a fucking evictions santa.
themaniusedtob 11 months ago 2
At least call the 55 year old man a taxi or something, give him like $20 or something at least. Dont just leave him like that after u locked his door, WTF. OMFG!
winsumsoon88 11 months ago
Payment went up from 1400 to 2600! BANKSTERS/GANGSTERS! Look at that guy he is totally broke by any terms... I almost criyed looking at him. End of American Dream.
alecfromelatvia 11 months ago
The banks were clearly off their rocker. How in the world was a painter supposed to pay for an overpriced $285,000 house. This is really sad! Conventional wisdom says household income should be at least $95,000/year (1/3 purchase price) to support a mortgage on this house.
utubern07 11 months ago
Damn I Live right there 5Houses Down :) I remember him
Trinistylz00 11 months ago
This poor guy... I know what some people will say, he signed and agreed, but still there is a special place in hell for these greedy fat cat bankers and the entire ass backwards system really...
mrhowardb 1 year ago
these banks way overpriced houses, and construction companies overbuilt, the ARM loans created an even bigger mess, banks trying to get wealthy off the poor. Add to that high fuel cost, layoffs, it was inevitable. This is the result of greed.
coolguy98 1 year ago
here are some places you can call for residence...oh your phone got shut off, s#%.
carpentercorn 1 year ago
Why repossess/foreclose when the house stands empty and falls to pieces?! \why don't these financial clown just rent the homes back to the occupiers at an affordable level on the basis they continue to maintain them until/if or when, the economy gets better? I could understand it if their were other buyers chomping at the bit for these houses, but if they are empty the asset deteriorates.
UFOSIG 1 year ago
This right here is the result of an ARM. GO WITH A FIXED APR FOLKS!!! ARMS were designed by crooks who knew the market would tank (at least that's what I believe). I was fortunate to buy a couple years ago with a low rate and a good price. Hopefully the wife can find a job soon so we can keep it. Good luck everyone.
jawsrock1 1 year ago
@jawsrock1 FIXED APR only, best advice. Go with 15 years if you can, and NEVER get a home equity loan, NEVER
Yankhadenough 1 year ago
@Yankhadenough Ya, never go with a home equity loan to, but I would recommend a 30 year fixed with no pre-payment penalties so you're not as pressed to pay it off so quickly if something were to happen to your income.
jawsrock1 1 year ago
@jawsrock1 I started out 30 year at 11% fixed and refinanced after the APR dropped, to 15 years at 8% fixed. We certainly could not handle a 15 year from the start, however I will always be glad for refinancing when the fixed APR dropped to single-digit, home is paid off now.
I am raging mad at these lenders that sell ARMs to unsuspecting people!
Yankhadenough 1 year ago
@Yankhadenough Ah. You're smart and fortunate. I bet you had a lower APR for using a 15 year vs. a 30 year. I've started out a little more than two years ago myself. I knew going in that it had to be a fixed 30 year, nothing else. The wife wants to modify already, but I don't feel too comfy about that right now. I tried to explain that banks don't ever give up an opportuity to make money...it's just bad business.
jawsrock1 1 year ago
@jawsrock1 Listen to your wife! As long as your payments are on time, start shopping reputable lenders for 15 year FIXED rates (hopefully lower rate than what you started at, but 15 year is still great and of course FIXED is still the only way to refi). We did a rollover on the points, so that was added on and the mortgage payment was still do-able after refi. When you see the amortization chart on how you save with 15 years FIXED, you'll be picking your jaw off the floor w w w. erate. com/
Yankhadenough 1 year ago
@jawsrock1 of course don't do refi if the new monthly payment is too high to handle for one income, but I'm sure you know that already, just had to get that off my shoulders ;-)
Yankhadenough 1 year ago
He shouldn't have paid so much money. I feel bad for him. I feel bad for the real estate guy too since real estate people have to have their spouses support them. Same idea as a car salesman but they make less money on the whole. I guess if your spouse makes a lot of money it's an easy hobbie. If not, they have to get real jobs.
mjpitche 1 year ago
I feel so sad for this man and others like him. I was fortunate to buy my house when I was 22 yrs old. The interest rate was high, 18-19 percent. But I purchased my house at that time for 23,900 dollars. That was 1982. I would not be able to afford todays prices. My heart goes out to you dear sir.
Papahoody 1 year ago
Got Conquered?
Just five servings of privately owned property a day, can make your bones strong like uranium, and give you a more diverse homeless commuity. not to mention that dazzling Hitler "milk moustache".
America does it. Why not you?
el10presidential 1 year ago
That guy changing the licks and that officer should absolutely refuse to do do that work on moral grounds.
noonesflower 1 year ago
@noonesflower Hell, if they did, then they would've been out there with him....it sucks, but they were just doing their jobs....the locksmith probably said a prayer that he was able to make his morgage that month.
ionthegravity 9 months ago
There were no $90,000 houses in Northern Virginia in 2005. 285K got you a small older townhouse condo, like the one he bought. The economic downturn coupled with exotic mortgage products probably made for this guy's loss, far more than his trying to live extravagantly. Hopefully he can find an OK place to rent and get back on his feet.
jdimes1979 1 year ago
A classic case of trying to live beyond your means, no disrespect, but a house painter shouldn't buy a $285,000 house. I feel sorry for the guy 'cause now he has no money to even rent a room, he wasted it all trying to save his over priced house. He should of bought a modest home in his "reality" price range (about $90,000 max), and he would have money in his pocket and a place to live.
-I've been down that road.
bruno2260 1 year ago
that guy should have fought for his house. i would
anticmasterfegaline 1 year ago
It was wrong for that sheriff deputy to joke about it. Nobody who is taking that home is really sorry; because their making money off of a mortgage con.
Cindyann44 1 year ago
i cant wait till the revolution starts , all banks goverenmnt will die, i garantee you that noone will escape the wrath, but soon ,soon they will learn what life really is , if you dont believe me watch , watche when the goverenmnt ,the all powerful one will crumble to its knees, and banks also , they will cry like babies and then be shoot.
jamessawy 1 year ago
this poor man should just leave the usa , usa is evil and will be removed by the planet soon.
jamessawy 1 year ago
anyone facing iviction put a bullet in the head of those people who come .
jamessawy 1 year ago
next time this man should work cash and never pay taxes again nor contribute to society if he wants to save himself , everyone should.
jamessawy 1 year ago
and then there are the quick buck house flippers that couldnt sell in time before their ARMs changed gears and doubled their payment. It s not as sad as this poor guy since they probably didnt live in the ouse they were looking to flip.
ssike0 1 year ago
@ssike0 I don't think he was going to flip. Look at the house (looks like a condo) @0:15 and @ 2:45 she says "he bought at the 'hight' of the market and paid about $285,000" for it. He just plainly overpaid, there's no way he could of possibly of flipped that place and made money. Unfortunately that property was a loss since the day he bought it.
bruno2260 1 year ago
My man works, I am disabled and been fighting the wonderful social security department for the past year even the doctors have written statements that I am disabled to them but nope won't pay so he is working his ass off to pay just our rent. Our rent alone is 495 a month plus utilities. We don't have cable, a car, long distance on our phone yet our landlord is still evicting us. We tried to go to the county for help but they denied us. They don't care, even if you pay them as much as you can.
HM3Johnsgirl 1 year ago
That poor man paid already $285.000.00 for that house & now they throw out? Why bother buying a house when that happens. Better to rent I guess?
He can't even afford a room now.
But that damn bank is happy!
Godzie1 1 year ago
@Godzie1 he probabbly didnt even put any money down this "poor man" lol
chrisman714368 1 year ago
@chrisman714368 You have to have a good down payment when you buy a home!
Godzie1 1 year ago
the cops should be the ones commiting suicied ..how can they live and sleep at night..
MrTwisted66 1 year ago
Damn sheriff is laughing.
Jevezy 1 year ago
If we were all more united, then we could stand against this kind of injustice. Like the sheeple we are, we go ahead and do what the powers that be tell us to because we say "oh well, it's not me". NOT YET IT ISN'T YOU. I am referring to that handyman who came to the change the locks. The suit wouldn't be able to do it without him, that's for sure. If all handipersons refused to comply, it would be difficult to accomplish.
Tankweti 1 year ago
There is an excellent article on balancewealthradio(dot)com about the fraud in the foreclosure market. As per the article, title companies are not turning away from insurancing these properties.
balancewealth 1 year ago
This is so sad.
A guy down my street bought a home about six years ago.
It sold six years ago for $12.8 million.
Just a few weeks ago I see two cop cars pull up in front off the estate.
I felt horrible for the family.
RossEnzo 1 year ago
these people signed the mortgages and didn't bother to read it. fucking dumbasses. I knew this was a fucking scam back then. my mortgage rate is fixed
PhuckHue2 1 year ago
@PhuckHue2 Yeah ..so fall ill, disabled or unemployed and find yourself in the same boat as these unfortunate folks. You fucking dumbass..or did you not think about that! What a troll!
DullardGuy 1 year ago
@DullardGuy that won't happen because I have money. If you are stupid enough to sign those ripoff mortgages then you deserve anything that happens to you
PhuckHue2 1 year ago
@PhuckHue2 Well then the next option for you would be to fall of he face of the earth. Calling those who were mislead or misinformed "dumbasses" is really unecessary!
DullardGuy 1 year ago
all he had was a table and 2 chairs?
PhuckHue2 1 year ago
fuck the bank gangster
hilololomoa 1 year ago
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hilololomoa 1 year ago
Money is now more important than people to society. That's pretty sick.
46don13 1 year ago
@46don13 Have you seen zeitgeist yet? They suggest a resource based economy but nay be 100 years away at these rates
chrisman714368 1 year ago
This has been flagged as spam show
WARNING: Do not walk away from your mortgage if you lied on the application. It is bank fraud (mail/wire fraud). Defaults are investigated by FBI. They check your income against your 1040s and contact employees. My friend refinanced his 1.4 million house for a divorce. He exxagerated income,then walked away. Bank lost about 850,000, and FBI came knocking. He got 36 months and 1.2mil in restitution/fines.
FreeBlago1 1 year ago
2:15 all realtors are tools, look at this flake. The most successful realtors are, or used to be, hot chicks. (build up a client base for years, and can still be successful later when they are ugly). People respond to the ads of hot chick realtors, and the broad is fooled into thinking what she does is important, and shes a "real success". Funny, I was in the biz 7 years and saw it all the time.
FreeBlago1 1 year ago
This has been flagged as spam show
WARNING: Do not walk away from your mortgage if you lied on the application. It is bank fraud (mail/wire fraud). Defaults are investigated by FBI. They check your income against your 1040s and contact employees. My friend refinanced his 1.4 million house for a divorce. He exxagerated income,then walked away. Bank lost about 850,000, and FBI came knocking. He got 36 months and 1.2mil in restitution/fines.
FreeBlago1 1 year ago
If ppl don't read the fine print it is their fault. Stop passing the blame
JoeDaPlumber 1 year ago
@JoeDaPlumber What are you supposed to do when there are not any jobs then? People default on payments after they become jobless, sick or disabled usally. Why should I as a tax payer have bail out the banks, but when we the people need help they bank slaps us in the face?
82Nikkis 1 year ago 27
@82Nikkis Sick or disabled is a whole different deal which are taken care by SSI, Section 8, food stamps, they'll be ok no matter what. The jobless just need to find another job. There is work out there. Why do I keep getting job offers then all the time at my university?
JoeDaPlumber 1 year ago
@JoeDaPlumber Most of the time SSI denies you, well that is what I usally see working at a hospital and a non-profit law firm. Also I believe it depends on what part of the country people live in, some states have worse unemployment than others.
82Nikkis 1 year ago
@82Nikkis they probably don't get it b/c they're not entitled to it. My gf is an idiot and she got it without any lawyers, but she is genuinely disabled by bipolar disorder and her being stupid. I don't mean to be of bad character but she is very dumb.
JoeDaPlumber 1 year ago
@82Nikkis If the govt would have saved all them outsoursed jobs and supported free trade and all this globalist garbage people would be able to afford things made in china now
chrisman714368 1 year ago
@82Nikkis I'd much rather bail out this house painter than a bankster, that's a nobrainer
Yankhadenough 1 year ago
@82Nikkis They shouldn't. But, these people shouldn't of bought the house.
ddstar 6 months ago
@ddstar hey dumbass people didn't but the house expecting to get foreclosed its something that happened when the stock market crashed and people had unexpected expenses
mkmkmkmk131 6 months ago
@mkmkmkmk131 You have no idea what you are talking about. This man is a painter who took out an ARM loan that reset on him. He is UNEDUCATED in finance and got screwed because of it. The market crash was BECAUSE of these reseting ARM loans on sub-prime mortgages.
Don't even dare think you know what you are talking about.
ddstar 6 months ago
Realtors are like bookies and stockbrokers. They make money if you buy a house, they make money if you sell a house, they make money if they foreclose a house.
Lenders are just legal organized crime.
monkeyman1140 1 year ago
Saw this at my CDPE class. Trying to learn to help people not have to face this. Helping people with a short sale rather than foreclosure.
stevewestmark 1 year ago
check out my meth house video........ :/
DAGONLINUX 1 year ago
@koelschwolf
That isn't fair. I think I would have to go to jail over killing my insurance agent.
SuperFlorida85 1 year ago
@koelschwolf
Bullshit. When the economy takes a dump and you cannot find a job, that doesn't have anything to do with what you could afford. Some people had very good jobs when they first bought their homes. Then the recession came and they lost those jobs. Some people are still losing their jobs. I say walk away and then file bankruptcy so that they cannot come after you for the deficiency. Make the lenders eat that shit.
SuperFlorida85 1 year ago
@SuperFlorida85 True but this guy was a house painter (see 1:18), and bought this house for $285,000 (see 2:42). So yea I'd say he bought out of he price range, and also paid wayyy to much for that place. It also looks like a condo, so he probably had HOA fees, then tack on utilities, groceries, taxes, etc.. I think it was obviously inevitable he was headed for financial ruin. In reality, with his job,he could probably afford about 1/3 of what paid to live comfortably.
bruno2260 1 year ago
@SuperFlorida85 there is pleanty of jobs in mexico, china and india now thanks to bush
chrisman714368 1 year ago
Save yourself, just kill a banker...!
tehuan1 1 year ago 2
cuzzie ef those capitalist banks come and join us we got a place for you
karenapuhi 1 year ago
Foreclosure is a big word for getting kicked out of SOMEONE ELSE"S HOUSE!! If it was yours, you would have paid for it.
0manoscar 1 year ago
Some of the initial conversation between Julio and the Deputy Sheriff is inaudible. The Deputy says "I saw the keys on the (inaudible)..." It's unclear whether the Deputy let himself in or was let in by Julio. Can anyone familiar with the eviction process clarify this for me?
FrankieWeinert 1 year ago
how the hell does a house painter purchase a house for 280k???????????? Seriously! That is insane.
reedo11 1 year ago
13 trillion to the banks and nothing for the home owner..., the land of freedum is working for you.Capitalism works for the little employee, the CEO's love your little children, they want them to go to Harvard!
Jai666666666 1 year ago
I have sympathy for people that purchased a reasonable size home with a reasonable size mortgage. I only have laughter for people that baught a $600,000 dollar home and are "loosing their home" due to stupidity and greed!
stevenabb 1 year ago
man thats sad to see a working man geting kick out of his home wish i knew the guy and i would let him stay in my camper for a while
wesley6087 1 year ago
so ... the banks got bailed out ... now they are making more money by foreclosing???? when will this madness end????
mintoo2cool 1 year ago
Sick =(
MsJoy4ever 1 year ago
Ya I;m sure you realtors' find it very difficult. All you vultures think about is how much commission you're going to make.
magdi1966 1 year ago
Chalking this up to "Fed incometence" is okay with me, but the timing of their interest rate moves suggest something far more criminal. It just can't be a coincidence that rates were risen in such extreme fashion, just as millions of ARM mortgages were about to reset and Goldman (and others) were loading up with credit default swaps. Either way, is Bernanke someone who should have been reapointed?
farmboycarl 1 year ago
The remax guy has a face of sheet!!
LazyCheeseburger 1 year ago
that was sad, the guy was almost in tears :(
frolicchap 1 year ago
When people take $270,000 mortgage out on a tiny 1 bedroom house then this happens.. The house values became a joke - and people borrowed against those house values.
.
It doesn't take a genius to work out that if a guy earning $75000 a year can't afford to buy a house big enough to raise a family without a 6x mortgage - then the market is massively overinflated.
.
Californias still got another 30-50% to drop for prices to be inline with rents... thats a 20% fall and no rise for a few years.
neverfearchrisishere 1 year ago
dear usa people, learn how is possible to figth for rigths please, the world need it, thank you
gaporion 1 year ago
It can happen to anybody.
BRKS627 1 year ago
Live within your means, don't buy stuff you can't afford, save for a rainy day.
The7legacy 1 year ago
it doesnt matter who you are this is happening to everyone....and everyone has that dream to own their own home...however america and it's bank partners are corrupting their only customers...Dam people who are suppose to be for the people...
palmavang 1 year ago
why can't people renegotiate new rates with their bank? Lock in for a higher fixed rate but still maintainable....
canadaguy2112ca 1 year ago
The guy from Remax looks like a douchebag.
mrceebees14 1 year ago 2
Hey guys. To avoid situations like this view my videos. Thanks!!
StopForeclosureCHI