Let's Talk foreclosures People & the empty homes they govern

20 Mar 2011 09:32 #1 by rlcarolyn
You know I am very Pissed right now! Think about this! Flume just had an article about the decrease in our population for this county. HUMMMMM Wonder why everyone is leaving? Idiot commissioners and judges! I told them during the election how would they like governing empty homes and working the budget with that?

Well guess what?? Some of us are sitting cozy in our homes while others are trying to figure out a way to keep from being homeless because of the actions our banks, servicing companies and government. I thought they were here to protect us from this SH**! Instead they are for the corporations and that is very visible just by the Rule 120 hearing! We are not a Judicial state we are a non-judicial state and that means corporate can walk in with no questions asked and take our properties! They have lied, cheated, stolen long enough! Please watch this video with homeowners and the Attorney General's office on March 1st and let me know how you feel. IT IS TIME FOR CHANGE!!!!!!
I want my rights back and that means not every time I turn around I have to hire a lawyer to stand up for my right! Another group that extorts money out of us when we have to stand for our rights!
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20 Mar 2011 09:47 #2 by Martin Ent Inc
Ain't gonna get any better in the near future.

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20 Mar 2011 13:13 #3 by deltamrey
ME above is really correct. Rant and Angst to no avail.

BEST way forward is to attract folks with good jobs to live here. BTW the REC district would be very positive - we will have to pay for progress. FAR to many here are anti growth in a Depression. Wealth here flows up the hill - the locals with low skills live off the up hill wealth.

Now figures I have seen tell me 1.5 MILLION homes last year were foreclosed, projected up to 2.0 MILLION this year with 5.5 MILLION homes under water. It will take many years to readjust. We up here need to stop whining and "figger" a way forward......retograde thinking will just cause the area to go further down. Ask why GOOGLE just leased 30,000 sq feet in Boulder........why not here
look ahead.

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20 Mar 2011 14:40 #4 by Surveyor
Yep, it's been this way for a long long time. People weren't looking or were believing what the liars in gov't and big biz told them. Time has come now for us the pay the piper.

What frosts me is Park county saying that the empty houses in the county are mostly "seasonal" residences. That's crap. Three of the houses in my part of my neighborhood have been bank owned in the past two years. Two have sold at well below their values, the other stands empty and is nobody's seasonal anything.

I'm moving out very soon myself, leaving an empty home that will very likely become a bank-owned one. What is the use of mortgage modification programs when people do not have jobs or income at all and can't qualify? Even if they can, the jobs are down the hill and the gas stations or whoever controls them are jacking fuel prices so high that people have to choose between paying the mortgage and paying the fuel bill to get to work.

I for one am tired of being an indentured servant--nearly a slave. Foreclosure? Bring it on, at least I'll have some freedom.

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20 Mar 2011 14:58 #5 by mtntrekker
have to agree with you surveyor. there are many homes in the immediate bailey area where i am staying that have gone into foreclosure. they could have, would have fought for the home but even if they had gotten a modification it was clear that employment prospects and the long drives to denver at exorbitant gas prices still weren't going to fix their problems. so they left. can't blame them.

the ones who left were full time residents not seasonal.

i think our county commissioners are in for a rude awakening when they find they just don't have the funds they were anticipating and weren't willing to listen to those who have been saying it for awhile.

i am learning that sometimes things just have to get soooo bad before people are willing to look at the issues and care and get involved.

i wish you the very best surveyor wherever you go.

bumper sticker - honk if you will pay my mortgage

"The problem with Socialism is that eventually you run out of other people's money." attributed to Margaret Thatcher

"A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government." Thomas Jefferson

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20 Mar 2011 15:10 #6 by FredHayek
Homes aren't good investments right now and may never go back to that.

Thomas Sowell: There are no solutions, just trade-offs.

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20 Mar 2011 16:41 #7 by Surveyor
It's too bad that that's pretty true these days. If we want to change that prospect, we have to change the way that we treat corporations relative to the individual citizens of this country. Boy, if I could only have the protections that the "can't be allowed to fail" corporations enjoy!

Dreamin' here :)

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20 Mar 2011 19:45 #8 by deltamrey
OK folks - have we become so regimented by our systems we cannot determine a way forward.......I think NOT. IF so, a sad day is upon the land. Stop blaming the baks, commissioners, etc.........this is not yet a Socalist state where outside forces determine our destinies - unless that is what we seek (well maybe that is what many seek).

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20 Mar 2011 19:51 #9 by Martin Ent Inc
Bankers are to blame, how else can a person making 40k per year afford a 1/2 mill+ home.

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20 Mar 2011 21:00 #10 by deltamrey
ME --Ok ......I have never put down less that 20% on a home and never paid mortgage insurance - all my loans were 20-40% loan to appraised value. That used to be the standard........sure the bankers lowered the standard. Also credit scores and income levels compared to loans were considered. No banker I know forced anyone to take the risk..........that was an individuals choice. I do not "love" bankers, but personal responsibility is vital.

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