A women in Massachusetts killed herself and was found in her home 90 minutes before her foreclosed home was to be auction off. From the Boston Globe,
Police say that Balderrama shot herself Tuesday afternoon 90 minutes before her foreclosed home on Duffy Drive was scheduled to be sold at auction. Chief Raymond O’Berg said that Balderrama faxed a letter to her mortgage company at 2:30 p.m., telling them that “by the time they foreclosed on the house today she’d be dead.”
I just can’t comprehend this. Having gone through a foreclosure myself, I know it’s stressful. But taking your own life over it is not the answer. It’s never an answer. Ever.
Joe Whitney, who works with her husband, said that Balderrama handled the bills in the household and that the husband was unaware of the foreclosure.
This seems almost impossible to me. When my home was in foreclosure, I literally got sometimes 20 pieces of junk mail (all foreclosure related) a day. Someone came at night and posted a Notice of Default. One weekend someone knocked on my door and tried to tell me about foreclosure avoidance programs.
How could the husband not know?



{ 2 comments… read them below or add one }
Hi DebtKid,
I was thinking about commit suicide when my husband and I couldn’t afford to pay our mortgage payments and it might lead to foreclosure or bankruptcy. This is the biggest mistake that I ever made in my entire life.
My husband and I were dating for 8 years, and we got married in 2006 for my green card. He ask me to sign a mortgage for him in return, and he promised that he will be responsible for all possible expenses, such as mortgage payment, utility bills, property tax, etc. I trusted him and was worried that if I didn’t help him to buy that house he will be difficult about my green card application.
Fortunately, I’ve received my green card, but unfortunately, he failed to make payments. Due to many issues such as nonpaying tenants, decreased income, and too many unexpected expenses (like cost to evict tenants).
I was under tremendous stress and frustration. I was thinking about killing myself to end all that crap because I could not face my mother who doesn’t know anything about this, including my marriage and the house.
I decided to short sale my house after doing lots of research. I thought this would be the best way to solve my problem instead of commit suicide!
I hired an agent to list my property in January 2008. We’ve got an offer, lander has conducted an appraisal, but our case is still on hold because some other issue just came out of which the city would not release the lien against the property because the title company massed up and stuff.
I’m wondering how much longer I have to wait to get the deal closed. It has been 7 months already since I’ve decided to do a short sale.
I guess I’ve decided to stay alive to deal with it since the house is so closed to be sold, and there is no reason to give up right now…
Is this the big announcement? I hope not.