Foreclosure

Margaret

We have lived in the same rental home for the last 3 years. We have always paid our rent and to the best of out knowledge everything was fine, until there was a trustee sale notice put up on the outside of our house. I called the landlord and he assured me that he was trying to rewrite the loan on the home and he was only behind a couple of payments. This turned out to be untrue. He said he had spoken to a lawyer that was more then happy to take his money and then produce no results.

Steve

I'm also a victim of a Diamond House Development called 'La Mirage Duplex Homes'. I have retired from the Navy recently, and never dreamed that I was going to end up in a situation like this. Diamon House Development has fell into foreclosure on 300 units here in Ridgecrest, California. This is causing a major strain on this little town of 30,000. I'm being forced out of a really nice place (former base housing) and may end up in a less than desirable home for my wife and I.

Shara

We live in a park on Bethel Island. In the rural areas of Contra Costa County there is rent control for mobilehome owners. My in-laws bought their mobilehome in this park approx 13 years ago. 10 years ago the property was bought by a couple who's dreams were to turn the 15 acre park into a premier Delta family resort. Our new "slumlord" was a very pompous, rude discriminatory a****le. They courted a tremendous group of private investors whose investment money was supposed to be used for improvements, expansion and initial costs to buy their very own franchise.

charlotte

WELL IN SO MANY WORDS I'D HATE TO SAY IM BEING TREATED UNFAIR BECAUSE THERE ARE SO MANY STORIES THAT ARE FAR MORE WORSE THAN MINE BUT TOGETHER ANY BAD EXPEiRIENCE IS NOT TOLERATED AND SHOULDN'T BE AS OUR RIGHTS AS AMERICANS.MY HOME HAS BEEN FORECLOSED ON AND I'M ANGRY BECAUSE I'M A STUDENT AND UNEMPLOYED I'M MARRIED WITH 3 CHILDREN THAT ARE SCHOOL AGED AND MY HUSBAND OF 13YRS. RECENTLY WAS LAID OFF SO WITH A FAMILY OF 5 ALL OUR INCOME IS FROM UNEMPLOYMENT WHICH IS NOT ENOUGH BY FAR AND NEVER ARE ABLE TO COME OUT AHEAD.

Tiffany

I have been renting the same home for 3 years now. The owners never told us that they were in default on the house. I got the Notice of Trustee Sale back in December of 2008. Every month I go and see what is happening at the auction site. Everytime it keeps getting postponed and now it is being postponed because they filed bankruptcy on it. We still pay the rent because we were told until it is sold then it still belongs to them. I am angry because they are still late on their payments and have not paid their taxes on the house since 12/2008.

Tim & Trisha

Foreclosure Hell:
The Property - 10.6 acres in the country with 4 families’s living here.
The Foreclosure - Started in March of 2008 with the landlord assuring everyone that he was taking care of it.
The Sale - finally the Bank sold it at Foreclosure Action on Feb 27, 2009. No buyers so property became Bank Owned at that time.

What Has Happened Since The Sale - At this time only one of the four families has been served an eviction notice and that was only a 30 day notice.

Inez

I have been leasing a 3 bd rm house in Hayward for 3 years. I invested with the owner half on the upgrades on the kitchen and bath room. I found out that the home is in forclosure and was scheduled to be sold this past 3/20/09. Per the vendor request the foreclosure has been rescheduled until 4/20/09. When I contacted the owner about my funds I invested I was told my money was tied up in the house. I found out that Heritage Plaza Mortgage in Stockton which went out of business and Wells Fargo are who the lenders are for the property.

Kimber

My landlord just signed a new 1 year lease with me and collected the yearly rent. I have a fixed income and pay this way to help budget my expenses. I find out 3 days after the payment was made that my unit was sold at trustee sale. The bank bought it back and is threatening eviction. I am a widowed single parent, visually disabled with a disabled child. My land lord has 1750 in security and pet deposits, my 1 year of rent and labor bills for repairs made last year. I have nothing left to move with. The bank has offered 900 cash for keys but that wouldn't cover rent on a new place.

Robin

We moved into a house in an area of Elk Grove were the landlord claims no children are present for her children (Filipino). So she acquires a home and begins to rehabbing the house,since it was a foreclosed home, then never lived in the home, we were its current occupants. Due to her now having her second residence foreclosed, we are ordered to vacate the property, with no bad rental payment history, but because she needs a place to call home and the law allows her.

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