Comments on: After Foreclosure Guide To Housing: It Ain’t Easy

By: Suntrustscrewedme

Suntrustscrewedme — Sun, 11 Sep 2011 02:32:49 +0000

My family of 4 will be out in the street come June. I got screwed on a loan mod by my bank. I just read everyone’s story and it’s heartbreaking.
The jews are setting themselves up for another holocaust and it’ll be a real one this time.

By: betsy

betsy — Thu, 21 Jul 2011 14:05:43 +0000

well i read all your ways to live after forclosure but not all that applies to peopsuch as myself, i have no office, i am unemployed and divorce with a pregnant daughter her 7 month old son living with me. i have no car as my ex-husband had it repossed so he didn thave to make payments on mine as he bought a new truck for himself. as far as family or friends, well another story, they all said no, maybe other people have better family or friends not sure, but they all turned me away saying they dont have the room. even though it was temporary. tried every church and organization out there that are suppose to help in such emergencies. none of them could help.
tried craigslist placing and ad and reading what is out there, still came up short! plus trying to reasure my pregnant daughter that we wont’ be on the street!! find a job plus wonder how i am going to get a car!
so although you may make it sound easy and it was for you it all worked, it isnt’ that way for everyone.
i even wrote to muary show, oprah, and extreme home improvement shows, no response to none of them.

By: steven lee

steven lee — Mon, 07 Feb 2011 01:26:08 +0000

The Apartment complexes are at full capacity so they are very picky when you fill out a credit application. It’s not just foreclosures, but broken leases, evictions, and just bad credit are all effecting everyone from getting into a nice community.. We have seen clients that were denied from situations that happened over 5years ago. Our Company is designed to give everyone a second chance despite past: Broken Leases, Foreclosures, and Bankruptcies. We are a rental guarantee service. To qualify you must have a job. Once you are signed up each and every month we report to the credit bureaus to help re-establish their credit. We also have a credit repair company that will take it even further. If no one sets up a program to help then folks will never ever get out of this situation. We have seen that when you have bad credit you’re limited to where you are allowed to live with your family. With our service you can live where you want not where you have to. You can go to http://www.ez-lease.net. The economy has effected allot of customers but this is a way to help them get their lives in order again. “You can have everything in life that you want if you just give enough other people what they want.”
— Zig Ziglar

By: steven lee

steven lee — Fri, 04 Feb 2011 19:27:39 +0000

Our Company is designed to give everyone a second chance despite past: Broken Leases, Foreclosures, and Bankruptcies. We are a rental guarantee service. To qualify you must have a job. Once you are signed up each and every month we report to the credit bureaus to help re-establish their credit. We also have a credit repair company that will take it even further. If no one sets up a program to help then folks will never ever get out of this situation. We have seen that when you have bad credit you’re limited to where you are allowed to live with your family. With our service you can live where you want not where you have to. You can go to http://www.ez-lease.net. The economy has effected allot of customers but this is a way to help them get their lives in order again. “You can have everything in life that you want if you just give enough other people what they want.”
— Zig Ziglar

By: T

Thu, 04 Mar 2010 15:16:24 +0000

Hi. I’ve been reading through your blog. I already know the outcome because I started with the most recent.

Let me add one more tip.

If you are living with friends or family and they are gracious enough to let you do so for a year (really tough) then the saving for your f/l & deposit is your next hurdle.

It can be tough to be diciplined enough not to use that $ in an emergency.

Just take the responsibility out of your hands.

Some banks offer what our bank calls a Nest Egg CD. You establish a regular transfer of at least a minimum amount that goes into the CD at least once a month. You can’t touch the money without paying penalties for one year. If you stop your transfer – you cannot restart it – so you don’t want to mess with that either.

It is your money – you just took the temptation to use it in an emergency away.

One note – be sure not to overdraw your checking account or miss loan payments where this certificate is held. The bank is within their rights to redeem the cd in order to cover these items and you are still stuck without the money for housing.

By: Eva

Eva — Thu, 04 Mar 2010 08:53:56 +0000

check around at grocery stores,, people often rent out their converted garages to persons for a low price. Also, let us all learn a lesson from this…always pay your rent or mortgage first before anything else because you can always go without food light, heat and clothing. But having a roof over your head is most important. Also, never borrow money out of the equity of your home. Not wise!!!!!

By: maryann

maryann — Tue, 16 Feb 2010 12:16:43 +0000

My situation is we have our home in central NY, have it up for sale, no bites on it yet. Moving back to FL at the end of June when the kids get out of school. I’m nervous that it will not sell on time and we surely can not afford rent and keeping up mortgage payments. If the home does not sell we are seriously thinking of walking away. If we leave end of June and do not make mortgage pymts. in May or June to give us some money, when or how long does that take to show up on your credit report for a potential landlord to see? Can some one please answer this, I can not find this information any where. We are not looking to stay in the home for a long period of time, just a couple of months with not making a pymt. so we can afford a place to live. Please help. We also plan on using our income tax
money to pay off/get current with our credit card debt so that does not show up. My question would be if we stop paying for a couple of months when would it be a good time to start filling out home/apt. applications ???
Thanks so much

By: Debt sucks

Debt sucks — Tue, 08 Dec 2009 20:36:37 +0000

I’ve been fighting my mortgage company for months trying to secure a loan modification. I received noticed in September that I had been approved for a loan mod and to wait for the paperwork. Two months later still no paperwork only a sale notice from the county courthouse. My sale date is Feb. 2, 2010. I’m a single mother still living in the house with my kids. I emailed the bank execs early in November and last week I was “approved” again for a loan mod. I called the negotiator to ask when I will receive the paperwork and her voicemail said she was on vacation for the next 15 days!!! I keep getting the runaround. I’m so tired I decided if I don’t have a loan mod in place by 12/31 I’m going to find someplace else to live. The problem is my credit is so damaged from this foreclosure, medical debt collections (which is why I went into foreclosure) and a bankruptcy when I also attempted and failed at owning rental property. I lost my car to repossesion. Bill collectors call me 20 times a day and I got audited by the state revenue department for the first time in my life and owe them back taxes and penalties. At least I do still have a job. I just feel like I’m burning in debt hell right now. I’m usually very optimistic, but it is taking everything in me not to loose my mind.

By: Losing it, but not losing sight

Losing it, but not losing sight — Fri, 15 May 2009 06:41:18 +0000

I’m here in this situation because I care more for others than myself. I gave to those I thought needed help. Now I feel as if I’m taking advantage of my new lady friend that is providing me housing or is this part of God’s plan. I’ve lost everything due to my giving nature. I tried for months to keep up with the payments. I had rental property but could not find renters. The job I did have allowed me to make the mortgage payments but nothing else. I was fortunate to live in a corperate apartment for a few months at no harge. Eventually I just gave up. This was no way to live. I did nothing, I only worked to pay the mortgage. I didn’t have auto insurance for 8 months and fell behind four months on the auto loan before I turned it back over to the bank. I’m not sure what is in store for me. I’m unemployed with no vehicle and losing the house. I don’t feel bad because I know there are still some out there worse off than me. I put down $37,000 so it is a value at $156,000 I can only hope someone with desire to have a retirement home in Cherrylog, N. Georgia ( God’s Country) can save me from the horror of a full forclosure. It is a beautiful tract of flat land after the driveway and the view is of a wildlife management area. Help me

By: JNS

JNS — Sun, 21 Dec 2008 08:22:06 +0000

Be sure to ACT EARLY — don't just stay in the house the entire time the foreclosure is going on even though it's "free" — by the end your credit will be shot & you'll have a hard time finding a rental. I suffered a job loss, got behind on my mortgage, and could see the writing on the wall; although I landed a new job, it was much lower pay. Fortunately I still had a small IRA, which I raided & bought an older mobile home and have been living in it for a year now; since the home is paid for (under $4000), my monthly costs are just $350 lot rent + utils, and I am able to keep my pets. Very cheap living. I had to go through a credit check for the lot rent, but once again, I acted very early in the process & was still ok. Sure, you have to put up with the inevitable "trailer trash" jokes, but I feel like it was the best solution for me.The key is ACT EARLY while you still have decent credit and a retirement account to raid; if you don't have a retirement account to raid, still ACT EARLY and find a rental now while you can still pass a credit check. Good luck everyone!