Monthly Archives: July 2010

Foreclosure, Days 177&178;In Limbo

So says the attached article.  Over 40 thousand of our San Francisco Bay Area neighbors are in angst, they are in limbo. They stopped making payments or are waiting to see if they’ve made it through to a loan modification; … Continue reading

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Foreclosure, Days 173-176;The New Smart

It’s been a rough few days, having found out late last week that I would be laid off on or about September 1st. The company I work for had a contract with a county entity that was up for renewal … Continue reading

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Foreclosure, Day 172; Unusually Uncertain

That’s what the times are said to be right now according to Ben Bernanke, and what a clever man he is to see this. Someone from CoreLogic, a real estate tracking company, opines that the economy and the housing market are stagnant … Continue reading

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Foreclosure, Day 171; Doing The Double Dip

The housing market has stalled out again after a brief baby rally a few months ago. We’re headed down the dip again and I am so glad we decided to walk away now rather than to wait around and pray … Continue reading

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Foreclosure, Day 170; HAMP Net Has a Big Hole

In 30 days our foreclosure is finalized. No more “redemption” period, no more chance to pay back what we haven’t paid since February or otherwise make amends, it’s the end of the line, that’s it.  August 19th. Reading about the ongoing … Continue reading

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Foreclosure, Days 165-169; Fannie’s Big Stick

I’ve been away for a few days with the husband, our first getaway since our move. The time away was wonderful to finally relax a bit and forget for a little while what we’ve been through and what we are … Continue reading

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Foreclosure, Day 164; Validation

Finally! What I’ve been saying in this blog from day one has been validated quite explicitly and specifically. The “exurb” we lived in, Stockton, CA, is one of ten cities that went down with the ship, are underwater and not … Continue reading

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Foreclosure, Days 162&163;Back to the Rich People

I found this wonderful little piece on Rachel Maddow’s MSNBC website on strategic defaults. It is in relation to last week’s news story that strategic defaults are now higher for homes over one million dollars. What this story brings to … Continue reading

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Foreclosure, Days 160&161;Staying Informed

Quality Loan Service out of San Diego, CA is now the trustee of our mortgage, taken over from One West Bank/IndyMac Bank. Due diligence on their part to inform us of our impending foreclosure is top notch. We get at least … Continue reading

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Foreclosure, Days 158&159; The Rich Get Richer and…

The Associated Press came out with an economic stress index of the 20 most economically stressed counties consisting of 25,000 or more. San Joaquin County where we live makes it at #11. Pretty sad, but that’s the story here, and … Continue reading

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