Dear P.,Sorry I have not been entertaining! I'm rlelay glad you are reading. I was a little pressed for time on the last posting. But let me tell you there is always something interesting happening at the Argosy. We just had Turkey Rod Run and all these buildings built in 1953 were remembering the way it was when they were new. The antique cars just took them back in time. We have pics of when the motel was new. We'll be posting it as soon as we can. The Argosy looked just like those old pics just days ago during the Thanksgiving Holiday. The whole town was full of old cars and people that love them. It was great!Sincerely,Sharon, one half of the beach bums
Thank you for this update. My letmiid experience with the public leads me to believe that the maze to get to someone is so confusing that people give up. I will go to the website and see how the process works at this time. Is there a package of info that prospective participants can complete and send in to see if their situation is viable under the program? Charlie
My children love it when I go away for a day. I'm the diiilpcinarsan in the family so life is very structured when I'm home. TV and computer time is limited and the children are expected to do their chores and help out around the house. When Mom goes on vacation the children get a break from their daily routine and Dad let's them play on the computer all day or watch TV and they usually order pizza for dinner. Whenever it's time to go on an outing they usually help me pack and shoo me out the door. I love it.
Hi,I am new here and have spent the past two days reading it's a great reorcsue to have found this site and to have read your stories, to see that I am not the only person who is going through this nightmare.I apologize for the length of this, but wanted to tell my story and see if anyone has been here and knows what I can do.I have been trying to get a loan modification with Bank of America since July, 2009 . This is the status of my case right now:1. It took until October for them to have received my information, as the first two people I spoke to listed different criteria and the second gave me the wrong fax number to sent it all to I only found this out when I had called after about a month (after second submission of documents) to see what the status was, if I needed to do anything. They then gave me another list of documents and the correct fax #.2. Received letter in October that they received my information and would inform me within 60 days of any information.3. Called about a week ago, the woman on the phone told me that there was no information. As I am pretty desperate at this point since my home has been in foreclosure for months as BAC told me NOT to make any payments, and she told me that if I sent any payments, they would return it, as my home is in foreclosure status, and that I just need to wait. Also told me that a negotiator was assigned at the end of December.4. Called again today, as I received a notice in the mail (and also saw it posted online for anyone to see) notifying me that I have until 2/22/2010 to notify the court (myself or via attorney) with an appearance if I am entitled to the Servicemember Civil Relief Act (which I am not) and think I have a right to object to the foreclosure.5. Called BAC again, and the woman I spoke to today told me that I am IN A TRIAL PERIOD that started January 1, 2010 that was when my first trial payment was due! It is for 3 months so I paid the amount that was due the first, and scheduled payments for 2/1 and 3/1.6. I asked why I wasn't notified, and was concerned that I didn't get this information she told me the documents will come within 45 days of January 1st to notify me of the trial period. What I am confused about is why at that point two of my trial payments would have been outstanding. Since I was not notified, they accepted my first payment late as on time (she said).7. I told them about the notice I received, and she said that the foreclosure date was pushed out to 3/10 which is after my 3-month trial period ends . And supposedly a decision will be made. If this is true, why was this document delivered to me YESTERDAY telling me that I have until 2/22/2010 before I lose my home, especially if my TRIAL period started January 1?? This court decision was just delivered.The problem is that I have no documents to back this up. I can't confirm besides the word of the phone rep of the day that my foreclosure date was postponed. Do I call a lawyer? Do I call the lawyer of the plaintiff (which is listed as BAC) to notify them that it was postponed? I don't understand the trial period if they are giving me a trial period, and I make the payments on time, I am still going crazy at the possibility that they may reject the modification. If you succeed in making your payments during the trial period, how can they still deny you, and if so what was the point?If they deny the loan modification, will they demand the full amount owed since you stopped making payments (at their advice), or will they just go back to the previous monthly payment amount, and roll the rest of it on top? I owe $16,000 since I stopped paying at this point if I am not approved I will be out on the street. I have lived in my home 3 years, am 30 years old and alone, and am a first-time home owner. This really is my worst nightmare.Given the court notice, and the trial period information that I only stumbled onto by accident because I called them twice this month hoping for some information, what should I do now? How can I be sure that the postponement of my foreclosure is for real? From this notice, it does not look like the city knows about it. How do I respond to this court notice what should I do?I appreciate you reading this, and from someone who has not been able to sleep in months and is pretty much stressed out to the max now 24/7, I hope that you all have the best of luck with this horrible nightmare and that we are all able to stay in our homes.Thanks,Jax.
The banks aren't in any hurry to process short sales or loan mods. They're not ever going to have enguoh trained staff to get through this mess. I agree with what I read from Indy's comment #11. They want to stall and drag this out as long as they can so they can stay alive another quarter and collect another paycheck. In the meantime, they are trying like mad to make new loans (new fee revenue income), and hold off foreclosing in case the homeowner self-cures the default or they qualify for a mod. I'm hearing from my friends in servicing that there's just a huge problem with people calling in asking for a loan mod that flat out don't qualify. For example, they have NO job (not going to get a loan mod with no income) or they would otherwise qualify for a traditional refi! Today I heard of one guy asking for a loan mod because he wanted to avoid paying the closing costs associated with a refi. Meanwhile there are real people hurting out there waiting for an answer from loan servicing.
We have a fixed rate mortgage and when we got it 3 1/2 yrs ago, we deecdid that the best thing for us (not for everyone, obviously) was to lock in for a 10-yr term at 5.5%. Yes, the variable rates are super low and have been for the last 2 yrs or so, but we sleep well at night knowing we calculated what we could afford monthly for a 10 yr period and we have no worries about what the rates will do for the remaining 6.5 yrs left on our term. We can afford 5.5% and probably upwards of 7-8% if necessary and we also have some wiggle room to temporarily extend the amortization from the current 16 yrs back up to 20-25 or even 30 yrs if we are suddenly down a significant amount of income. We'd hate to do that, but it's an option in the case of a sudden temporary income loss.
This draft investigates how it's pbsisole for you to start cutting back on your Mastercard debt to boost your financial standpoint, enough to help save foreclosure. Don't hear such folks. Never think you can go thru it all by yourself.
Monica recently did a color, body type, and cesolt analysis. I learned so much! I feel much more confident about choosing and mix/matching clothes now. And because of my fashion phobia before, this is an amazing transformation. I actually am looking forward to shopping!
I would talk to the Broker of the office or maagenr and demand they return your check as it has placed in the Brokers Trust Account.Your funds will be returned and if not this would be a major violation with the Department of Real Estate in CA.
A foreclosure is when the leednr sues you for the title of the house for breach of contract on the mortgage and promissory note. The leednr then liquidates the property in order to recapture as much of your debt plus the fees accumulated as a result of the foreclosure. If the sale (and the mortgage insurance, if applicable) does not cover this amount, the leednr retains the option to seek your other assets or future assets in most states.A short sale is an agreement by the owner and the leednr to sell the property in lieu of foreclosure for a value less than the original debt in that the leednr will excuse the outstanding balance.Another option is to offer the deed to the leednr in lieu of foreclosure. This results the same way as a foreclosure, but without all the added fees associated with foreclosure that can get quite hefty.A short sale doesn't destroy your credit as bad as the other two, but you can't be a candidate for a short sale if you aren't already in credit trouble. But the best route is to avoid all three and do anything to keep the property including refinancing the property with a HARP loan
If your home equity loan can be paid wiutoht penalty (check out the terms of your loan), you can pay it off with your credit card. However, you need to read the fine print of your credit card offer to know if there are restrictions as to what type of loans you can pay off and still qualify for the low interest rate. Also, if it's a new credit card offer you have to see if you can qualify for a $ 12,000 line of credit. There are so many variables, you really need to just read the fine print of the cc offer and call them with questions.