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Wow

June 20th, 2008 at 02:35 am

All I could say was wow, I called my sister today and when she called back she said she wa in the processing of moving because her house went into foreclosure. I thought WHAT! but she seemed ok with it. She said her mortgage had adjusted to $4000 (OMG) and I asked why did she get an adjustable mortgage and of course I did not get a real reponse. I feel really bad. I wish I could help them out but I can't. Times are real hard now

Posted in Family/Friends | 17 Comments »

17 Responses to “Wow”

  1. NJDebbie Says:
    June 20th, 2008 at 02:56 am 1213930613
    1213930613

    I am sorry that your sister is going through some difficult times. When I read things like this it makes me want to save, save and save and do all I can to live below my means. Hopefully it's a lesson learned for your sister.

  2. Amber Says:
    June 20th, 2008 at 02:59 am 1213930792
    1213930792

    NJ, I hope so

  3. creditcardfree Says:
    June 20th, 2008 at 03:20 am 1213932046
    1213932046

    Wow...that's about all I can say, too.

  4. baselle Says:
    June 20th, 2008 at 04:23 am 1213935798
    1213935798

    Wow is right. Its too bad you didn't get a real response - it means that she might not be learning.

  5. merch Says:
    June 20th, 2008 at 12:35 pm 1213965343
    1213965343

    WOW!!!! 4,000 a month. That's like a 600k mortgage.

    Sorry for your sister.

  6. mom-sense Says:
    June 20th, 2008 at 12:54 pm 1213966454
    1213966454


    Yikes, so sorry for your sister - that is awful! There really isn't much you could have done to help her.

  7. Koppur Says:
    June 20th, 2008 at 03:03 pm 1213974221
    1213974221

    I'm sorry your sister is losing her house. Out of curiosity, is this the sister that is always borrowing moey from you and having trouble paying you back?

  8. Ima saver Says:
    June 20th, 2008 at 03:59 pm 1213977556
    1213977556

    Sorry to hear that Amber. I am so glad my house is paid for!!

  9. Amber Says:
    June 20th, 2008 at 04:28 pm 1213979280
    1213979280

    Yes koppur it is the same one

  10. MariRDH Says:
    June 20th, 2008 at 05:57 pm 1213984654
    1213984654

    I'm so sorry to hear this, Amber. I hope your sister can turn her life around. I know you must be a great example for her.

  11. Koppur Says:
    June 20th, 2008 at 08:17 pm 1213993064
    1213993064

    Hopefully this helps her see better ways to manage money and things work out well for her.

  12. gamecock43 Says:
    June 20th, 2008 at 09:16 pm 1213996595
    1213996595

    Yes wow. i hear about forclosures but havnt heard anyones personal story. Feel free to keep your sister's situation updated for us.

  13. JW Thornhill Says:
    June 20th, 2008 at 09:24 pm 1213997083
    1213997083

    Sorry to hear the bad news but, things will get better Smile

  14. Aleta Says:
    June 21st, 2008 at 03:31 pm 1214062297
    1214062297

    Sorry to hear that. Where will she move to?

  15. Amber Says:
    June 21st, 2008 at 09:56 pm 1214085402
    1214085402

    I am not sure Aleta we were to go looking today but it was raining. She should have done that months ago

  16. YouWalkAway.com Says:
    June 24th, 2008 at 08:01 pm 1214337688
    1214337688

    Is she being evicted? Many people leave in the early stages of default, even though the bank may not be taking over the house right away. Sometimes it takes the bank 9 months or more to actually foreclose. Has her house been scheduled for auction already?

  17. Amber Says:
    June 25th, 2008 at 09:18 pm 1214428688
    1214428688

    Yes she is being evicted, it appears as though she was informed that the bank would start the paper work for foreclosure last January. I just hope she had sense enough to save the money she wasn't paying

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