A friend of ours came over yesterday to tell us that they would be moving that their house has been sold out from under them and they have been evited...WHAT???!!!!!
They got caught in one of the wonderful banking/mortgage scams where the refinancer tells them to stop paying house payments and to pay them and they will refinance and handle everything...meantime nothing happens and they end up losing their home.
Now there are other factors involved but the bottom line is...this is happening everywhere and there is no justice. This person takes the money and runs...our friends lose their home and are evicted...and the new owners probably know nothing about all of this and feel lucky to have been able to buy a home from auction at a lower cost.
You have to treat your finances just like your health. Do NOT depend on others to take care of you. You have to investigate everything, take and be in control of your life.
I hate this...I hate that they are in turnmoil and feel helpless....they and many others!!!!
They got caught in one of the wonderful banking/mortgage scams where the refinancer tells them to stop paying house payments and to pay them and they will refinance and handle everything...meantime nothing happens and they end up losing their home.
Now there are other factors involved but the bottom line is...this is happening everywhere and there is no justice. This person takes the money and runs...our friends lose their home and are evicted...and the new owners probably know nothing about all of this and feel lucky to have been able to buy a home from auction at a lower cost.
You have to treat your finances just like your health. Do NOT depend on others to take care of you. You have to investigate everything, take and be in control of your life.
I hate this...I hate that they are in turnmoil and feel helpless....they and many others!!!!
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