And have you heard the new thing that some deadbeat owners that haven’t paid their mortgage payments in 3 yrs and are doing short sales are now getting $30k-$40k checks from the lender for doing the short sale?
What a disgrace this all is. From the crazy loan mods to the principle reductions to the Robosigning settlement. And our CA attorney general Kamela Harris drinks the Kool Aid with the whole “homeowner victim” thing lock, stock and barrel. I can’t believe we are putting up with all this nonsense in this country. The Robosigning settlement was another big joke. No one ever mentioned in the national media that NO ONE WAS GETTING FORECLOSED UPON WHO WAS MAKING THEIR PAYMENTS!!!
For what 100 years in California if you missed payments for about 6 months, you home got auctioned at trustee sale and you got booted out of your home with no cash for keys, nuthin’! Why did that ever have to change???? Why did we ever have to even have all these garbage entitlement loan mods (which like 70% fail), principle reductions, letting people live in their house for 4 yrs not making a payment? For criss sakes we now have a housing shortage and people who are well qualified can’t even find a house to buy.
I know a guy that buys foreclosures at trustee sales. He is always amazed by the balls of the ex homeonwer who squatted for 3 yrs has no shame at all asking for $10k cash for keys. They have no shame at all. They know the drill. Total entitlement mentality we have created in this country with this garbage.
