Foreclosed home owners out for revenge

There are 478 homes in Spokane that are involved in the foreclosure process. While that's lower than the national average, the condition former owners are leaving these homes is anything but average. KXLY4's McKay Allen reports.

Category:

News & Politics

Tags:

• kxly
• spokane
• foreclosure
• home
• revenge
• destroy

[randroid88]

@TheRealestEver I bought my home in 1983. I've never missed or even had 1 late payment in all those years. My credit scores are over 775. Due to job loss I tried to get WELLS FARGO to modify my 7.50 rate for over 2 yrs. I called W.F. over 100 times & sent countless documents with W.F.only saying "default not imminent" With rates at 60 yr. lows I exhausted my IRA keeping all my payments current. I'm not looking for a free ride,just a modification until I find employment.W.F.offers ZERO help!!

[randroid88]

@Platinum1812 Yea, I believe you are correct. I always prided myself on never missing or having a late payment since I bought my home.. I really thought that WELLS FARGO would actually help me because of that and my high credit scores. It sucks to just miss payments that I have made on purpose, just to get any consideration from them!

[Platinum1812]

@redjello2o Banks will gladly make loans to people that can't pay if they know that they can sell off those loans for profit long before default occurs. That is essentially what the whole sub-prime debacle has been. These are the shock-waves still emanating from it.

The best example is all the loans where people were charged low, interest only payments for two years. The banks and brokers sold those loans in that time period and were not liable to anyone for the loses after they sold.

[Platinum1812]

@randroid88 Sorry to hear about your situation. From what I've heard they don't want to modify unless you miss payments. Right now they will take your money as long as you have any because they can still get something from you. From their perspective, they could always modify later. Its a terrible choice they leave you with.

[SixFootTallMidget]

This guy can't sympathize with them because he had to bury the guilt he has about what he does for a living.Remember sheep only want what's best for themselves, once they're fine the world is roses and fuck everyone else. But they pay for it, oh they do. It's the reason why Americans commonly have broken emotions. Cause you're brainwashed wake-up revolt get pissed and stay pissed until the problem is destroyed! Wake others up point out corruption and injustice and insert the ideas of revolution!

[TheRealestEver]

@randroid88 or they should have paid their fucking mortgage with the 7 months time they had before being foreclosed on, besides a SWAT team would own their deadbeat asses anyway.

[redjello2o]

Blame the banks! the politicians made the rules the banks had to follow and the people took the loans that they couldn't pay, but that's irrelevant, its the banks fault for being in the middle!

As if banks some how want to give money to people they know can't repay it.

[randroid88]

They should have barricaded themselves in the house with a few assult rifles and told the bank to come on down and take my home. Banks are scum!!

[tantorecords]

we're supposed to feel sorry for estate agents and banks who sold sub prime mortgages at extortionate rates to people who need a home?