2010-HOUSING CRISIS!(PrayersThoughts_PiecesofMe_AlwaysMeKelly)

I refinanced my home of 10 years in 2006 - a fixed for 2 years then arm.

My plan was to refi to a fixed.

Noting all monies went back into the home, paid bills and supported my daughter and granddaughter.

In 2007 I had a major unexpected heart surgery. My entire life, finances were changed immediately. I tried for 2 years starting the same week I came home from the hospital, to get the mortgage company to just allow me to make payments every 2 weeks so I would have enough money to pay bills, buy my meds and pay for the continued doctors care I was under.

They told me if I wanted to change my payment I needed to be refinanced. with that I went everywhere including trying to be remodified for 2 years. Getting ripped off from the first company New Hope Modifications and the second company Save My Home USA although got very little out of me, must of also been a scam because they were shut down.


I went to local banks and did not qualify, my house was too upside down and no one would ever refinance it; much less now my credit with all the extra financial burdens my credit after years of fixing and protecting was shot!

When I fell behind because the loan now at an 11.25% subject to rise to 16% interest and Litton Loan Company would not accept the bi weekly payments even when they were getting more.


Well one day when I came home from work I found a stack of papers on my table, where my daughters friend who was visiting signed for them..Duh!!! What are you doing in my house signing for anything that does not pertain to you?

Well besides that shock, Litton Loan started the forclosure process on me September 2009.


I found myself slowly feeling the stress and pains of everything I worked for falling out from under me.

Issues of a 1974 built home continued to surface, from plumbing to electrical.

Pool issues; Oh how can I maintain, and pay and live? Why will the loan company not work with me. I have a good job, I am willing I just need a little assistance.

Well when I started feeling sick; and my health put me borderline of a heart attack I couldn't sleep, I was doing everything I could handle it. Yet internally the blessing of making it through major surgery to keep me alive would soon be a memory.

I couldn't take it anymore. I moved out 10-2009 of my home after 10 years of blood, sweat and tears and obtained a realtor that the Loan company was working with to do a short sale. Of course nothing is moving in today's environment.

There have been a handful of interested viewers, but no offers but the actual realitor offering cash. But Litton said that was far too low.

Here there are people that I know that have been living in their homes for 2+ years not paying a dime; and not once been served or made a payment.


And here I work 7 days a week, wanted to make my payments and was 3 months behind, with a stack full of medical documentation proving I was not just a dead beat and Litton is expediting the foreclosure or acquiring the place back on 3-29-2010 so they can sell it in foreclosure.

In the mean time my credit is trashed, my heart was broken; but I thank God daily for all that is temporary will mean nothing in the next life.

Although I no longer have the security I once felt. Knowing it doesn't matter what you really come from, or where you take your day to day.

If that wave of misfortune slams you. I pray you are strong enough to swim up.
Because our state and government will not be there to give you a hand and assist no matter your age, race, creed, culture or anything else they may judge with.

Did I mention yes I sent many letters to our local government officials over the 2 year process. I made phone calls sent letters, sent proof of all that I had gone through. To Litton, To congress, to home re-modification programs, to banks. And all they could do is refer me to a credit counseling center with apologies.it got me was wore out and the big fat SORRY. Well hello! I have no credit debt.. I have hospital, doctors, student loan, car and once a mortgage.

The moral of this story; Plan for all that could go wrong! Don't think you can handle thing, Or that our state and government will assist you in a crisis. Know that your friends and family and neighbors are also going through stuff. And can not be expected to bail you out of choices you made thinking you had everything under control.

But most importantly... If you don't have a relationship with Jesus; GET ONE! Because in the end Prayer, Faith and Hope is all there is to see you through day to day.

Thanks

With all that I am, All that I was always then, always now, always me  Kelly