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Dana_Fowle's Blog

by Dana_Fowle

Last Post 9 days, 2 hours Ago


Are You a Victm of Foreclosure?
Feb 6, 2008 | 6:08 PM
Category: News
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It's just a shame that while people are at their lowest that someone is out there ready to take advantage of them.

Since the foreclosure epidemic in this nation developed, a cottage industry has formed:  foreclosure scam rescue companies.

In the piece we aired tonight a company called Maximus sent out a flier telling desperate homeowners they could "SAVE YOUR HOME."   What they did instead was drop by and take $500 from the homeowner.   Every person who dealt with Maximus says after the company got their money they never heard from them again.

Is your home threatened by foreclosure?  I'd love to hear your story.

 

 

 

 

 

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Member Comments Total Comments: 5
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Cromagnon read my blog view my photos
Feb 6, 2008 | 7:59 PM

Okay first, let me make clear I'm not calling everyone who has lost their homes due to foreclosing irresponsible. (Disclaimer)

Now, there is only ONE reason to foreclose on a house, NOT MAKING PAYMENTS!

Okay, it can happen to anyone, for noone is guaranteed to be employed all the way up til their retirement. Things happen, people get sick, lose jobs, etc.

But I want to talk about those who purchase homes OUTSIDE thier FINANCIAL ABILITY. We all have dreams of owning the perfect home. Sometimes our tastes are more than our income can provide. Now these people really don't have an excuse. The most common mistake is that they use an ARM (Adjustable Rate Mortgage).
I'm not saying that the lender didn't have anything with giving these people false hope but the ultimate responsibility is up to the buyer! They are victims alright!, of thier own greed to purchase a house that they have tricked themselves that they could afford.
*Yeah..If I eat nothing but CHEETOH's for breakfast, lunch and dinner, and I'll eat dinner at Mom's house on Saturdays. While I'm at Mom's I'll siphon her gas out into my truck therefore cutting my gas expenses....YEAH I CAN AFFORD THAT HOUSE>....SOLD!"
I mean some of the things these people must be thinking just to get that house has to be INSANE!
SANTAS_ELF read my blog
Feb 6, 2008 | 8:27 PM

AMEN CMAG!!! A bunch of whiney deadbeats who couldnt afford housepayments in the first place! women with a bunch of kids and no husband! JESUS! Thanks to our wonderful system of working people paying the way for worthless deadbeats that a lot of these folks are even in a house in the first place!! WHEN I SAW THIS PIECE, I WANTED TO PUKE!! WHERE DID THEY GET MONEY TO PAY A SCAMBOY AND COULDNT PAY THEIR HOUSEPAYMENT??? ILL TELL YOU! THEY SAW IT AS ANOTHER WAY TO BEAT THE SYSTEM!!!
Dana_Fowle read my blog view my photos
Feb 6, 2008 | 9:57 PM

But that's not the point. The point is we did a story on people who lost their jobs. One came home from the Iraq War and couldn't find work. Another became disabled. Another lost his job. But whatever the reason: it's disturbing that someone decides, "A-ha! I think I'll take advantage of these desperate people while their down." That's just downright creepy.
Cromagnon read my blog view my photos
Feb 8, 2008 | 8:43 PM

I understand, your emphasis was on those who were taken advantage of. And yes, it's a shame. However, my opinion was looking at the forclosures on what I percieve to be a more common cause. Yours being a small percentage of foreclosures. Not that it makes them UN-IMPORTANT they are, very important and should bring more scrutiny to the lending practices of the industry. It was a very good story and I appreciate every effort you made to bring your side of the story to light.
Temptress30303
Feb 12, 2008 | 7:33 PM

Dana,

The word is "they're", not "their".
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Dana_Fowle

I'm not as serious as I look on TV. I love to laugh even if it's at my expense. I'm just not very PC. My friends would describe me as "black and white." Not a lot of gray. My co-workers call me Elaine from Seinfeld. I'm generally disheveled and have a messy car. I have really curly hair, but the station doesn't like it that way. I love my husband because he's funny. I also love red wine, rare steak, dark chocolate and strong coffee. I'm Type A, so of course, I wish I were smarter.

Member Since: 2/28/2007


 

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