Monthly Archives: May 2010

Foreclosure, Day 108;

Foreclosures continue to multiply and the banks aren’t making it easy. I just read an article about one poor man here in California that was signed up for a loan modification program by Bank of America last August, but his … Continue reading

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Foreclosure, Day 107; Stumbling Along

http://247wallst.com/2010/04/08/housing-stumbles-badly-again/ Especially here in Stockton, CA I am sure.  In our neighborhood at least the sale of distressed homes appears to be doing well. Someone new moving in to the house at the end of our row, so the houses that … Continue reading

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Foreclosure, Days 103-106; Snake Oil

Catching up from a long weekend away for our son’s wedding. Great times, happy reunions, a wonderful union. I’ve realized that little getaways while going through a foreclosure are most important to release and let go for a few days. … Continue reading

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Foreclosure, Day 102;Paying Attention

The recent reports of housing improvement are not agreed to by everyone: http://finance.yahoo.com/tech-ticker/housing-bulls-are-%22not-paying-attention%22-to-the-facts-says-dean-baker-483703.html?tickers=xhb,^dji,^gspc,xlf,tlt,tbt And just one more story:  Where Americans Are Losing Home Equity Most In some parts of the country, real property values continue to fall. By Tim Kiladze … Continue reading

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Foreclosure, Day 101; Cash For Keys

It’s been a couple of days now since we found out that we were tagged as being in active default as of May 4th and our file sent to the bank’s foreclosure attorney. I must say that IndyMac is on task. … Continue reading

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Foreclosure, Day 100; Strategic Defaults Increasing

What better way to spend day 100 than see this article showing that we aren’t the only ones that decided to walk away from an underwater house. According to the article strategic defaults are on the rise, and the main factor … Continue reading

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Day 99, Part 2

A refresher from a previous post on the California timeline on foreclosures: Before the foreclosure process begins, the lender or loan servicer will probably send you two or three letters (over the course of 2-3 months) demanding payment. Those letters are … Continue reading

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Foreclosure, Day 99; The Day of Reckoning

May 10, 2010 99 days.  99 bottles of beer on the wall, 99 bottles of beer, take one down, pass it around…….I needed a drink after today’s call from IndyMac Bank. The time is closing in so I thought I’d … Continue reading

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Foreclosure, Day 98;The Roving Screwdriver

Sunday, May 9, 2010 We spent a good part of yesterday at the house we are moving to. It’s empty now (previous occupants were still there when we saw it last). I am so in love with this new house, … Continue reading

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Foreclosure, Day 97;Dreams

Saturday, May 8, 2010 I guess when going through a foreclosure the subconscious will eventually stop by to say hi. Give you a thumbs up, pat you on the noggin and say “so how’s life treating you sweetie?”.  What? I’m fine, … Continue reading

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