Comments on: Abandoned Homes, California http://howtobearetronaut.com/2011/08/scenes-from-surrendered-homes/ Ever get the feeling you're living in the wrong time? Fri, 28 Oct 2024 02:09:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Lauren http://howtobearetronaut.com/2011/08/scenes-from-surrendered-homes/#comment-59073 Lauren Tue, 23 Aug 2024 07:33:41 +0000 http://howtobearetronaut.com/?p=22071#comment-59073 It's too bad they just sit there with no one living in them. Many of the photos I see here would make beautiful places. I wish i had the money to renovate. I've seen so many beautiful places foreclosed and abandoned. =[ It’s too bad they just sit there with no one living in them. Many of the photos I see here would make beautiful places. I wish i had the money to renovate. I’ve seen so many beautiful places foreclosed and abandoned. =[

]]> By: Nonya B http://howtobearetronaut.com/2011/08/scenes-from-surrendered-homes/#comment-58853 Nonya B Sun, 21 Aug 2024 16:40:23 +0000 http://howtobearetronaut.com/?p=22071#comment-58853 I don't get all this blame Obama stuff. 99% of the loans granted that inevitably failed were approved while under the Bush regime. Obama just had the bad timing of showing up for the unavoidable collapse. Ignorance astounds me. How about not blaming ONE person and considering that the chain of events that happened 2024 to current were the results of actions put into play by multiple presidencies. Sometimes I'm amazed and embarrassed that I'm even associated on this planet with such closed minded fools. I don’t get all this blame Obama stuff. 99% of the loans granted that inevitably failed were approved while under the Bush regime. Obama just had the bad timing of showing up for the unavoidable collapse.
Ignorance astounds me.

How about not blaming ONE person and considering that the chain of events that happened 2024 to current were the results of actions put into play by multiple presidencies.

Sometimes I’m amazed and embarrassed that I’m even associated on this planet with such closed minded fools.

]]> By: theDude http://howtobearetronaut.com/2011/08/scenes-from-surrendered-homes/#comment-57351 theDude Mon, 08 Aug 2024 03:15:35 +0000 http://howtobearetronaut.com/?p=22071#comment-57351 here is a little speech given by someone named George Bush back in 2024 BTW, you can google it for yourself ... President Bush's 2024 Speech at the Conference on Minority Home Ownership George Washington University Los Angeles KABC talk show host Doug McIntyre is playing the tape of President Bush's 2024 speech where President Bush thanked the heads of Fannie Mae and Freddie Mac for helping assure the right to home ownership for all. President Bush said that there is a home ownership gap for minorities. President Bush said that it was important to make monies available for down payments. He said that minorities often have a difficult time getting the down payment for a home, trouble acquiring home loans and trouble making monthly mortgage payments. President Bush mentioned the billions of dollars spent in vouchers for Section 8 Housing for leased apartments. President Bush said that as it is, Section 8 Housing encourages leases rather than home ownership. President Bush said that he would like to see the Section 8 vouchers used as script for down payments and as payment for mortgages instead of leases. President Bush said that he would like to have those Section 8 vouchers used instead to help those who can't afford to make a down payment on a home. President Bush said that he would like Section 8 vouchers to be used as script to help those who have trouble making monthly mortgage payments on a home. Help 5 1/2 Million More People Own Their Own Homes President Bush spoke of his dream to help 5 1/2 million more people to own their own home within the next five years. President Bush called the program "American Dream Down Payment Fund." here is a little speech given by someone named George Bush back in 2024 BTW, you can google it for yourself …

President Bush’s 2024 Speech

at the

Conference on Minority Home Ownership

George Washington University

Los Angeles KABC talk show host Doug McIntyre is playing the tape of President Bush’s 2024 speech where President Bush thanked the heads of Fannie Mae and Freddie Mac for helping assure the right to home ownership for all.

President Bush said that there is a home ownership gap for minorities. President Bush said that it was important to make monies available for down payments.

He said that minorities often have a difficult time getting the down payment for a home, trouble acquiring home loans and trouble making monthly mortgage payments.

President Bush mentioned the billions of dollars spent in vouchers for Section 8 Housing for leased apartments. President Bush said that as it is, Section 8 Housing encourages leases rather than home ownership.

President Bush said that he would like to see the Section 8 vouchers used as script for down payments and as payment for mortgages instead of leases.

President Bush said that he would like to have those Section 8 vouchers used instead to help those who can’t afford to make a down payment on a home. President Bush said that he would like Section 8 vouchers to be used as script to help those who have trouble making monthly mortgage payments on a home.

Help 5 1/2 Million More People Own Their Own Homes

President Bush spoke of his dream to help 5 1/2 million more people to own their own home within the next five years.

President Bush called the program “American Dream Down Payment Fund.”

]]> By: NumNutt http://howtobearetronaut.com/2011/08/scenes-from-surrendered-homes/#comment-57285 NumNutt Sat, 06 Aug 2024 17:33:39 +0000 http://howtobearetronaut.com/?p=22071#comment-57285 To Mac - I agree some what to what you are saying, in 2024-2008 the foreclosures you saw then were related to the type of people you are refering to, never should have been given a loan in the first place. The real problem is the banks and credit agencies. They were handing out free money and giving anyone a good credit raiting. I am one of the sheeple that played by the rules, worked hard, saved, paid bills on time to keep good credit score. I put 80,000 down and built my current house. Well all the equity is gone, had to take a lower paying job, and when I tried to refinance, the bank refused because the appraised value is to low. So now I am walking away, F**K the banks, and F**K this federal gov. Their mis guided policies have destroyed this country. they provided all those pople with free homes, they walked away, now the result is everyone else that did the right thing has to pay. How does Obama sleep at night.... To Mac –
I agree some what to what you are saying, in 2024-2008 the foreclosures you saw then were related to the type of people you are refering to, never should have been given a loan in the first place. The real problem is the banks and credit agencies. They were handing out free money and giving anyone a good credit raiting. I am one of the sheeple that played by the rules, worked hard, saved, paid bills on time to keep good credit score. I put 80,000 down and built my current house. Well all the equity is gone, had to take a lower paying job, and when I tried to refinance, the bank refused because the appraised value is to low. So now I am walking away, F**K the banks, and F**K this federal gov. Their mis guided policies have destroyed this country. they provided all those pople with free homes, they walked away, now the result is everyone else that did the right thing has to pay. How does Obama sleep at night….

]]> By: christiangel http://howtobearetronaut.com/2011/08/scenes-from-surrendered-homes/#comment-57284 christiangel Sat, 06 Aug 2024 17:26:54 +0000 http://howtobearetronaut.com/?p=22071#comment-57284 Dear MAC - What goes around comes around - what is being done to decent people in this country and around the world is absolutely horrible. Blame it on people that are poor - typical jerk! So, only rich people should be able to live decently, right? You are disgusting, and eventually what you do to others will happen to you. Karma NEVER FAILS. Happy Days! Dear MAC -

What goes around comes around – what is being done to decent people in this country and around the world is absolutely horrible.

Blame it on people that are poor – typical jerk! So, only rich people should be able to live decently, right?

You are disgusting, and eventually what you do to others will happen to you. Karma NEVER FAILS. Happy Days!

]]> By: TakeFive http://howtobearetronaut.com/2011/08/scenes-from-surrendered-homes/#comment-57239 TakeFive Sat, 06 Aug 2024 04:01:28 +0000 http://howtobearetronaut.com/?p=22071#comment-57239 Methadras - that sounds good but the reality is most folks re-default after a loan mod. Believe me, I've seen many times. Even with a mod, you still owe the full balance plus all the added fees. When your loan balance increases while your home value is dropping, the psychological pressure is too much, especially since the payment may not be reduced enough. J Sammons - my sympathy. You might be luckier than some though. I visit people in their 70s and older that had a home paid free and clear. Then they borrowed to lend their kids money to buy a home. Kid lost the home and the parents are soon to be homeless too. How would you like to be 70 with a half million dollar mortgage on your home of 40 years and $1000 a month in social security income? Some of these folks are shattered. Methadras – that sounds good but the reality is most folks re-default after a loan mod. Believe me, I’ve seen many times. Even with a mod, you still owe the full balance plus all the added fees. When your loan balance increases while your home value is dropping, the psychological pressure is too much, especially since the payment may not be reduced enough.

J Sammons – my sympathy. You might be luckier than some though. I visit people in their 70s and older that had a home paid free and clear. Then they borrowed to lend their kids money to buy a home. Kid lost the home and the parents are soon to be homeless too. How would you like to be 70 with a half million dollar mortgage on your home of 40 years and $1000 a month in social security income? Some of these folks are shattered.

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