Eviction Day: Foreclosure Crisis Forces Man From Home

We're trying to help people with a potential foreclosure on the horizon to prevent that eventuality and file suit against the lender if necessary. We detect fraud in home purchase closing paper and help home buyers file suit against the lender if fraud is found and the buyer desires a suit. We're not a law firm we are financial auditors. Contact through this posting if you think we might help you.

Recently, I bought a foreclosed house on a 30,000 Sq. Ft lot. Now that I have retired, I am purchasing an 800 Sq. Ft manufactured (new) home for the property. It will cost me $38,000.00. I will rent it for $950.00 a month. The City is going to collect $23,000.00 in permits and fees for the gas, water, electric, sewage......This is part of the problam. I hope to reach my dream and keep the rent very low (while at the same time) I have a means of paying the property taxes with the rental.

some one research that guy i bet he's homeless now or passed, and there the suited bank guy sitting on a 6 figure salary just got to put another human being on the streets i hope he feels good about himself

Evictions from one's home are hard only on those who vote for Green Party and Socialist, and pets and children. Democrats and Republicans LOVE being homeless, LOVE throwing their money away on corporate welfare, drug war, massive gov't intrusion into people's lives, coddling up to freeloading tax-break religionists.

This problem will be solved only if one treats those who won't do the simple act of voting for Ralph Nader, Green or Socialist as the terrorists that they are: annihilate them.

I thought the Cop was going to hand him a box lunch and the Realtor looked like he was going to give him an orange.

The man knew the terms. He could not pay. If you don't know how much its going to cost you then don't buy. I don't feel sorry for people who borrow money. Your borrowing money. What you see here is someone that does not own what he lived in. Now because of irresponsible handling of his life he's out the door.

And now he's homeless, so the home can sit vacant for a year while the bank drags its feet selling it to a speculator for 35 cents on the dollar (destroying the comps for all the surrounding homes). Only a fool who works for the government could endorse the immorality of this. May God bless this man.

Let's face it. Houses are sold for way more than they are worth. Why hasn't anyone considered that rather than blame the banks and even the buyers? Stop the madness. Bring real estate down so people do not have to live on the streets.

At the low end of $1400 for a mortgage, the payer should be realizing a salary of approximately $75,000 a year. The salary of say, a senior systems analyst, or maybe a corporate middle manager. At 2,600, the salary should be almost double, about $130,000 a year... Thats a lawyer's salary... So tell me. Is something broken with our great American dream...? A true living wage on one salary at no more than 40 hrs/week. We had that once, we need it again. Greed of the richest few is to blame

oleg, get a grip. Youre part of the problem. you call $950 a reasonable rent for this guy? I hope that includes heat. The average laborer or para-professional gets a generous wage at 15.00 an hour. If he is making that (which comes out to be around $32,000 /year before taxes), Then he should spend no more than $550 per month on rent, or as much as $625 if it includes heat. This is equal to the 35% (standard figure) of AFTER-TAX income for housing (that figure includes heat and utilities)

LOL ! Your so funny !

Simply Put : " NO " !