Foreclosed Homes and the Legacy of a Family

I have noticed during the process of showing foreclosed homes the remnants of what is left behind.

Many of the mortgage companies have a "clean out service" and they haul aways the former owners belongings, if they have not been removed within the time frame.

Some of the others mortgage companies just leave the belongings where they were when the former owner departed.

It is a sad testiment to how the business of forclosure is handled. Most...not all families would appreciate the time to gather their possessions. Others will take advantage of the system. I guess that is how we got here in the first place...people taking advantage.

The other day I walked into a mortgage company to discuss a foreclosure issue with a lender. I couldn't help noticing the white lettered warning on the door....No Fire Arms Allowed!

I kind of laughed to myself until I realized it was no laughing matter. The emotions and rage people feel when losing their home could cause them to bring a gun into a lending institution. In fact it has already happened or that warning would not be on the door.

Here is some thoughts that you may not know. Click this link and see how many homeowners are estimated to be or going to be underwater or upside down on their mortgages. http://www.businessinsider.com/henry-blodget-half-of-us-homeowners-underwater-by-2011-2009-8

The stark reality of our times.

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