OMG: US Army CPT looses $300,000 home over $800 in HOA dues while IN IRAQ

I'm speechless. What kind of country do I live in where people would treat each other like this toget a few $$$? This makes me want to vomit.

Could you imagine this happening to your family?

Wow... they can do that no matter the debt owed... seriously? They don't even need to go through the courts... that's pretty terrible.

Sounds like it was their fault. They aren't above the rules.Dylan_11

Sounds like it was their fault. They aren't above the rules.Dylan_11

His wife suffered from deep depression.. He was shipped out.. He didn't even know that his home was being forclused intil it was too late :|..

[QUOTE="Dylan_11"]Sounds like it was their fault. They aren't above the rules.sSubZerOo

His wife suffered from deep depression.. He was shipped out.. He didn't even know that his home was being forclused intil it was too late :|..

Well he it probably looks like he would get back his house.. although it's costing them quite a bit.. I wonder if they will be reimbursed?

[QUOTE="Dylan_11"]Sounds like it was their fault. They aren't above the rules.sSubZerOo

His wife suffered from deep depression.. He was shipped out.. He didn't even know that his home was being forclused intil it was too late :|..

That is just disgusting. It's just made that much more disgusting that they sold it for a mere $3,500 and it's entirely obvious they would have got far more money by NOT foreclosing on it.

I wonder why they need these ridiculous bailouts. Yeah, with smooth business decisions like that, it's a great big ****ing mystery. How could they even sell a home for less than 2% of its value? That makes no sense at all. Sounds like some buddy-buddy insider dealing going on, employees doing stuff for personal gain at the expense of their employer.

[QUOTE="sSubZerOo"]

[QUOTE="Dylan_11"]Sounds like it was their fault. They aren't above the rules.Dylan_11

His wife suffered from deep depression.. He was shipped out.. He didn't even know that his home was being forclused intil it was too late :|..

What excuse is there? He didn't even know it was forclosed or he had debt.. If you actually read the article it was talking about how these banks in the place of his residence could forclose on any debt, and with out any form of court.. Do you honestly think the problem would be the same if he wasn't shipped out or his wife didn't suffer from deep depression.. What honestly could he have done differently?

Ridiculous, who's defending the Home Owner's Associations' Freedoms that the terrorists want to take away? That's right this soldier. Howabout these guys show a little gratitude for our troops.

This is shameful.

[QUOTE="Dylan_11"][QUOTE="sSubZerOo"]

His wife suffered from deep depression.. He was shipped out.. He didn't even know that his home was being forclused intil it was too late :|..

sSubZerOo

What excuse is there? He didn't even know it was forclosed or he had debt.. If you actually read the article it was talking about how these banks in the place of his residence could forclose on any debt, and with out any form of court.. Do you honestly think the problem would be the same if he wasn't shipped out or his wife didn't suffer from deep depression.. What honestly could he have done differently?

Seriously, why are banks run by such disgusting people? "Hey, everyone, I'm legally allowed to be an ********! Guess that means I should be one!"StopThePresses

It's called capitalism and it is the practice of rewarding people for being terrible horrible people who would make some serial killers shocked at the cruelty.

This is why I want more regulations on banks and buisness, but thats me.

[QUOTE="StopThePresses"]Seriously, why are banks run by such disgusting people? "Hey, everyone, I'm legally allowed to be an ********! Guess that means I should be one!"Pixel-Pirate

It's called capitalism and it is the practice of rewarding people for being terrible horrible people who would make some serial killers shocked at the cruelty.

This is why I want more regulations on banks and buisness, but thats me.

Why did he not set up direct deposit? It's their fault they lost the house. I was out of country and had all my finances in line.....LJS9502_basic

I agree messed up story but its the wifes fault depression is no excuse to not pay the bills are at least be smart.

Why did he not set up direct deposit? It's their fault they lost the house. I was out of country and had all my finances in line.....LJS9502_basic

I think he assumed his wife would handle it.. however she wasn't in the correct state of mind by the time he came back :P

[QUOTE="LJS9502_basic"]Why did he not set up direct deposit? It's their fault they lost the house. I was out of country and had all my finances in line.....kidsmelly

I agree messed up story but its the wifes fault depression is no excuse to not pay the bills are at least be smart.

We are going to take possession of your $300,000 home over a payment of less than a third of a percent of the value of it and, now that we own it, we are going to sell it for less than 2% of its value for some reason. Yeah, let's cut off our nose to spite our face.

I say that sounds like a crooked employee. I mean, why is the bank selling a house for under 2% of its value? Surely they EASILY could have got more. Hell, the people that were late with the payment surely would have been willing to pay more than that.

[QUOTE="kidsmelly"]

[QUOTE="LJS9502_basic"]Why did he not set up direct deposit? It's their fault they lost the house. I was out of country and had all my finances in line.....StopThePresses

I agree messed up story but its the wifes fault depression is no excuse to not pay the bills are at least be smart.

[QUOTE="StopThePresses"]Seriously, why are banks run by such disgusting people? "Hey, everyone, I'm legally allowed to be an ********! Guess that means I should be one!"Pixel-Pirate

It's called capitalism

[QUOTE="kidsmelly"]

[QUOTE="LJS9502_basic"]Why did he not set up direct deposit? It's their fault they lost the house. I was out of country and had all my finances in line.....StopThePresses

I agree messed up story but its the wifes fault depression is no excuse to not pay the bills are at least be smart.

We are going to take possession of your $300,000 home over a payment of less than a third of a percent of the value of it and, now that we own it, we are going to sell it for less than 2% of its value for some reason. Yeah, let's cut off our nose to spite our face.

I say that sounds like a crooked employee. I mean, why is the bank selling a house for under 2% of its value? Surely they EASILY could have got more. Hell, the people that were late with the payment surely would have been willing to pay more than that.

They still made money. The bank isn't there to be compassionate and sympathetic towards people situation. The cheaper it is the faster it moves.

[QUOTE="Pixel-Pirate"]

[QUOTE="StopThePresses"]Seriously, why are banks run by such disgusting people? "Hey, everyone, I'm legally allowed to be an ********! Guess that means I should be one!"whipassmt

It's called capitalism

Eh I think socialism is quite a bit better, communism however..... do not want.

[QUOTE="whipassmt"]

[QUOTE="Pixel-Pirate"]

It's called capitalism

Espada12

Eh I think socialism is quite a bit better, communism however..... do not want.

[QUOTE="StopThePresses"][QUOTE="kidsmelly"]

I agree messed up story but its the wifes fault depression is no excuse to not pay the bills are at least be smart.

LJS9502_basic

[QUOTE="StopThePresses"]

[QUOTE="kidsmelly"]

I agree messed up story but its the wifes fault depression is no excuse to not pay the bills are at least be smart.

kidsmelly

We are going to take possession of your $300,000 home over a payment of less than a third of a percent of the value of it and, now that we own it, we are going to sell it for less than 2% of its value for some reason. Yeah, let's cut off our nose to spite our face.

I say that sounds like a crooked employee. I mean, why is the bank selling a house for under 2% of its value? Surely they EASILY could have got more. Hell, the people that were late with the payment surely would have been willing to pay more than that.

They still made money. The bank isn't there to be compassionate and sympathetic towards people situation. The cheaper it is the faster it moves.

Well, let's think about this: Someone bought it just to resell it. StopThePresses

Yup and they both made profit.

For all you people saying "It's his fault. His wife shouldn't have been depressed. etc" How does this situation NOT look crooked? Valued at 300,000, sold at 3,500, THEN sold to a third party who tells them they must now PAY RENT ON A HOUSE THEY OWNED OUTRIGHT? Screw that mess man, there are some crooked fat cats behind the wheel of that joy ride.

For all you people saying "It's his fault. His wife shouldn't have been depressed. etc" How does this situation NOT look crooked? Valued at 300,000, sold at 3,500, THEN sold to a third party who tells them they must now PAY RENT ON A HOUSE THEY OWNED OUTRIGHT? Screw that mess man, there are some crooked fat cats behind the wheel of that joy ride.

Ultimas_Blade

[QUOTE="StopThePresses"]

Well, let's think about this: Someone bought it just to resell it. kidsmelly

Yup and they both made profit.

For all you people saying "It's his fault. His wife shouldn't have been depressed. etc" How does this situation NOT look crooked? Valued at 300,000, sold at 3,500, THEN sold to a third party who tells them they must now PAY RENT ON A HOUSE THEY OWNED OUTRIGHT? Screw that mess man, there are some crooked fat cats behind the wheel of that joy ride.

Ultimas_Blade

They did not even send a person to warn of the debt and potential foreclosure, WTF!

[QUOTE="kidsmelly"]

[QUOTE="StopThePresses"]

Well, let's think about this: Someone bought it just to resell it. StopThePresses

Yup and they both made profit.

If I was a major bank maybe. Im sorry til the court proves other wise I feel bad for them but that doesn't change the fact it was their fault she had six months to get it right but she didn't.

[QUOTE="Pixel-Pirate"]

[QUOTE="StopThePresses"]Seriously, why are banks run by such disgusting people? "Hey, everyone, I'm legally allowed to be an ********! Guess that means I should be one!"whipassmt

It's called capitalism

I prefer socialism to capitalism.

[QUOTE="StopThePresses"][QUOTE="kidsmelly"]

[QUOTE="StopThePresses"]

Well, let's think about this: Someone bought it just to resell it. kidsmelly

Yup and they both made profit.

If I was a major bank maybe./QUOTE] So, let met get this straight: You think it makes sense for them to fret more over an $800 payment than over the $296,500 difference between the house's value and what they sold it for.

So, let met get this straight: You think it makes sense for them to fret more over an $800 payment than over the $296,500 difference between the house's value and what they sold it for.

StopThePresses

You know I could care less about the money made. That doesn't change the fact it was their fault. The bank had the right to do what they did. Is it ethicaly or morally right? No but it's still the law.

[QUOTE="StopThePresses"]

So, let met get this straight: You think it makes sense for them to fret more over an $800 payment than over the $296,500 difference between the house's value and what they sold it for.

kidsmelly

You know I could care less about the money made. That doesn't change the fact it was their fault. The bank had the right to do what they did. Is it ethicaly or morally right? No but it's still the law.

[QUOTE="Ultimas_Blade"]

For all you people saying "It's his fault. His wife shouldn't have been depressed. etc" How does this situation NOT look crooked? Valued at 300,000, sold at 3,500, THEN sold to a third party who tells them they must now PAY RENT ON A HOUSE THEY OWNED OUTRIGHT? Screw that mess man, there are some crooked fat cats behind the wheel of that joy ride.

Dylan_11

Fact remains if she would have opened the mailbox, saw the notices and paid her bills none of his would have happened. It is her fault.

Regardless of whether it is the woman's fault or not, why can't these cretins say "My bad, dude. Let me fix that for you." and move on? Why can't they say, pay your $800 + $500 late fee and call it even?

[QUOTE="kidsmelly"]

[QUOTE="StopThePresses"]

So, let met get this straight: You think it makes sense for them to fret more over an $800 payment than over the $296,500 difference between the house's value and what they sold it for.

StopThePresses

You know I could care less about the money made. That doesn't change the fact it was their fault. The bank had the right to do what they did. Is it ethicaly or morally right? No but it's still the law.

Ok I'm just discussing who is at fault and it sure isn't the banks fault bill's weren't paid.

"In Texas, homeowners' associations can foreclose on homes without a court order, no matter the size of the debt."

I don't think you should blame the Country. It's purely up to the Association.

"In Texas, homeowners' associations can foreclose on homes without a court order, no matter the size of the debt."

I don't think you should blame the Country. It's purely up to the Association.

[QUOTE="kidsmelly"]

[QUOTE="StopThePresses"]

So, let met get this straight: You think it makes sense for them to fret more over an $800 payment than over the $296,500 difference between the house's value and what they sold it for.

StopThePresses

You know I could care less about the money made. That doesn't change the fact it was their fault. The bank had the right to do what they did. Is it ethicaly or morally right? No but it's still the law.

This has actual been one of my biggest fears with getting a home. Got down to the last payments, then accidentally miss one (say car needs repairs), then bam. Foreclosed on by the bank, where they will sell the house for a profit.

Decency, Compassion, Empathy. These things are what make us HUMAN. What sort of spineless **** sends a letter to a warn of FORECLOSURE and THEN DOESN'T EVEN BOTHER TO STOP BY THE HOUSE??? The people were living in the house, NOBODY CAME BY TO LOOK INSIDE, it just kept changing dirty hands, damn what sort of damage or infestations be in the home. Nothing was inspected, and they expected to make it big through legal wizardry. With the current state laws in TX they hardly have any recourse.

Regardless of whether it is the woman's fault or not, why can't these cretins say "My bad, dude. Let me fix that for you." and move on? Why can't they say, pay your $800 + $500 late fee and call it even?

Ultimas_Blade

This has actual been one of my biggest fears with getting a home. Got down to the last payments, then accidentally miss one (say car needs repairs), then bam. Foreclosed on by the bank, where they will sell the house for a profit.

dercoo

[QUOTE="Dylan_11"][QUOTE="Ultimas_Blade"]

For all you people saying "It's his fault. His wife shouldn't have been depressed. etc" How does this situation NOT look crooked? Valued at 300,000, sold at 3,500, THEN sold to a third party who tells them they must now PAY RENT ON A HOUSE THEY OWNED OUTRIGHT? Screw that mess man, there are some crooked fat cats behind the wheel of that joy ride.

Ultimas_Blade

Fact remains if she would have opened the mailbox, saw the notices and paid her bills none of his would have happened. It is her fault.

Regardless of whether it is the woman's fault or not, why can't these cretins say "My bad, dude. Let me fix that for you." and move on? Why can't they say, pay your $800 + $500 late fee and call it even?