Foreclosure Crisis Memories

The ongoing foreclosure crisis in the United States brings my own foreclosure all too vividly back to me. In 2005, I did everything I could to save my condo in Atlanta from foreclosure. There was negative equity in the place, so getting someone to buy it wasn’t an option. Nevertheless, I tried that because the condo was in a beautiful neighborhood, close to supermarkets and shopping malls. I talked to the lender, contacted HUD, got in touch with anybody who might possibly be of help. I lost my fight and my home was gone on November 1, 2005. What came after was even worse and I have been living an uncertain and hard life since then. In my own lifetime, I hope to see the real estate broker and loan officer who got me the loan punished. I have been told time and time again, that given my 754 credit score, the loan was very bad indeed. I say to anyone reading this: If you now find yourself in a similar situation, fight! Do whatever it takes to save your home. Don’t give up even if it seems hopeless.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: