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July 23, 2010 at 10:18 AM #581705July 23, 2010 at 11:54 AM #582520bearishgurlParticipant
There’s got to be more to this story than meets the eye, IMO. An 80+ year-old long-time homeowner DOES NOT typically refi their home over and over. Either the son (later added to the title) put his mom up to this or both the mom and son were so ignorant that they fell prey to crooked loan brokers who may have even solicited them door-to-door.
The mom may have not been fully aware she was to be evicted soon and her son couldn’t/didn’t tell her. This may have been a “murder-suicide.”
I can’t see the 80+ year old doing anything with the $173K that was extracted from the property. Maybe the son was a gambling addict and borrowed it to pay off his gambling debt??
It sounds a lot like “elder-abuse” going on here.
If the new buyers of the trustees deed had insurance, they can probably eventually collect on that policy because the fire was through no fault of their own (arson).
Sad story . . . it’s very possible here that the house may have at one time been paid off.
July 23, 2010 at 11:54 AM #581790bearishgurlParticipantThere’s got to be more to this story than meets the eye, IMO. An 80+ year-old long-time homeowner DOES NOT typically refi their home over and over. Either the son (later added to the title) put his mom up to this or both the mom and son were so ignorant that they fell prey to crooked loan brokers who may have even solicited them door-to-door.
The mom may have not been fully aware she was to be evicted soon and her son couldn’t/didn’t tell her. This may have been a “murder-suicide.”
I can’t see the 80+ year old doing anything with the $173K that was extracted from the property. Maybe the son was a gambling addict and borrowed it to pay off his gambling debt??
It sounds a lot like “elder-abuse” going on here.
If the new buyers of the trustees deed had insurance, they can probably eventually collect on that policy because the fire was through no fault of their own (arson).
Sad story . . . it’s very possible here that the house may have at one time been paid off.
July 23, 2010 at 11:54 AM #582413bearishgurlParticipantThere’s got to be more to this story than meets the eye, IMO. An 80+ year-old long-time homeowner DOES NOT typically refi their home over and over. Either the son (later added to the title) put his mom up to this or both the mom and son were so ignorant that they fell prey to crooked loan brokers who may have even solicited them door-to-door.
The mom may have not been fully aware she was to be evicted soon and her son couldn’t/didn’t tell her. This may have been a “murder-suicide.”
I can’t see the 80+ year old doing anything with the $173K that was extracted from the property. Maybe the son was a gambling addict and borrowed it to pay off his gambling debt??
It sounds a lot like “elder-abuse” going on here.
If the new buyers of the trustees deed had insurance, they can probably eventually collect on that policy because the fire was through no fault of their own (arson).
Sad story . . . it’s very possible here that the house may have at one time been paid off.
July 23, 2010 at 11:54 AM #581882bearishgurlParticipantThere’s got to be more to this story than meets the eye, IMO. An 80+ year-old long-time homeowner DOES NOT typically refi their home over and over. Either the son (later added to the title) put his mom up to this or both the mom and son were so ignorant that they fell prey to crooked loan brokers who may have even solicited them door-to-door.
The mom may have not been fully aware she was to be evicted soon and her son couldn’t/didn’t tell her. This may have been a “murder-suicide.”
I can’t see the 80+ year old doing anything with the $173K that was extracted from the property. Maybe the son was a gambling addict and borrowed it to pay off his gambling debt??
It sounds a lot like “elder-abuse” going on here.
If the new buyers of the trustees deed had insurance, they can probably eventually collect on that policy because the fire was through no fault of their own (arson).
Sad story . . . it’s very possible here that the house may have at one time been paid off.
July 23, 2010 at 11:54 AM #582823bearishgurlParticipantThere’s got to be more to this story than meets the eye, IMO. An 80+ year-old long-time homeowner DOES NOT typically refi their home over and over. Either the son (later added to the title) put his mom up to this or both the mom and son were so ignorant that they fell prey to crooked loan brokers who may have even solicited them door-to-door.
The mom may have not been fully aware she was to be evicted soon and her son couldn’t/didn’t tell her. This may have been a “murder-suicide.”
I can’t see the 80+ year old doing anything with the $173K that was extracted from the property. Maybe the son was a gambling addict and borrowed it to pay off his gambling debt??
It sounds a lot like “elder-abuse” going on here.
If the new buyers of the trustees deed had insurance, they can probably eventually collect on that policy because the fire was through no fault of their own (arson).
Sad story . . . it’s very possible here that the house may have at one time been paid off.
July 23, 2010 at 12:15 PM #581906briansd1Guest[quote=bearishgurl]
I can’t see the 80+ year old doing anything with the $173K that was extracted from the property. [/quote]Not so fast… my 80+ yo dad knows how to spend money very well, especially when he travels and takes the ladies out. He’s spending my inheritance, damn it!
July 23, 2010 at 12:15 PM #582545briansd1Guest[quote=bearishgurl]
I can’t see the 80+ year old doing anything with the $173K that was extracted from the property. [/quote]Not so fast… my 80+ yo dad knows how to spend money very well, especially when he travels and takes the ladies out. He’s spending my inheritance, damn it!
July 23, 2010 at 12:15 PM #582438briansd1Guest[quote=bearishgurl]
I can’t see the 80+ year old doing anything with the $173K that was extracted from the property. [/quote]Not so fast… my 80+ yo dad knows how to spend money very well, especially when he travels and takes the ladies out. He’s spending my inheritance, damn it!
July 23, 2010 at 12:15 PM #581815briansd1Guest[quote=bearishgurl]
I can’t see the 80+ year old doing anything with the $173K that was extracted from the property. [/quote]Not so fast… my 80+ yo dad knows how to spend money very well, especially when he travels and takes the ladies out. He’s spending my inheritance, damn it!
July 23, 2010 at 12:15 PM #582848briansd1Guest[quote=bearishgurl]
I can’t see the 80+ year old doing anything with the $173K that was extracted from the property. [/quote]Not so fast… my 80+ yo dad knows how to spend money very well, especially when he travels and takes the ladies out. He’s spending my inheritance, damn it!
July 23, 2010 at 12:23 PM #582550ZeitgeistParticipantGood for him! After all, it is his money and where is it written that he is supposed to leave anything to you. I know you are happy for him or you would not have posted this. Stop being nice or I will not have anyone to pick on.
July 23, 2010 at 12:23 PM #582853ZeitgeistParticipantGood for him! After all, it is his money and where is it written that he is supposed to leave anything to you. I know you are happy for him or you would not have posted this. Stop being nice or I will not have anyone to pick on.
July 23, 2010 at 12:23 PM #582443ZeitgeistParticipantGood for him! After all, it is his money and where is it written that he is supposed to leave anything to you. I know you are happy for him or you would not have posted this. Stop being nice or I will not have anyone to pick on.
July 23, 2010 at 12:23 PM #581820ZeitgeistParticipantGood for him! After all, it is his money and where is it written that he is supposed to leave anything to you. I know you are happy for him or you would not have posted this. Stop being nice or I will not have anyone to pick on.
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