Tammy Anderson-Owens- Thoughts

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Same Story, Different Day - My Heart is Breaking!

The story is all too familiar today.  I went on a listing appointment, the male seller is disabled and the female was temporarily off work from surgery.  They were able to keep up on their payments but it was getting tight.  So, they refinanced to help out in a pinch.  Now we fast forward a few months, the second installment of the real estate taxes are due and they go on the last day to make the payment.  The mortgage company already paid the taxes they are told.  Now the mortgage company pays the insurance.  Their payment skyrockets and they can't pay it anymore.  I am advertising their home everywhere I can think of to get it sold but they just can't hold on.  Mrs Seller goes back to work but they just can't seem to get their head above water.  Mr and Mrs Seller go see an attorney who advised them to file bankruptcy.  I suggested that we could contact the bank and see if we could negotiate a short sale, which they did.  The mortgage company would not answer or return their calls.  Finally after a couple of months they finally talk to a human at XYZ mortgage company and she tells them "No, absolutely not they will not even consider a short sale!"  I went over to their house last night, withdrew the property from the market and shed a few tears when I left.  When I told her how sorry I was that her house didn't sell she looked at me with a tear in her eyes and told me "Tammy, you are the only person that has even tried to help us."  I suggested again that I would contact their mortgage company but she declined.  They just gave up.  I feel so bad for this couple, they are probably in their mid to late 50's and said they'll just rent for the rest of their lives.   I have to wonder where compassion went to in this world!! 

 

Tammy Anderson-Owens
RE/MAX Preferred - Collinsville
http://www.MetroEastLiving.com

 

 

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Tammy & Rick Owens, Broker/Owners
"The Gateway Home Team" of
RE/MAX Alliance
618-581-8729 or 618-977-1270
Info@GatewayHomeTeam.com
www.GatewayHomeTeam.com

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Comment balloon 3 commentsTammy Anderson • April 30 2008 12:52PM

Comments

Hello Tammy,

I know the feeling. It's those times where you wish you had one of those magical pockets that you could just reach into to come up with the exact amount needed to help them out.

Keep them in your prayers.

Posted by Jacqueline Fortier, Homes for Sale in Central Florida (JC Penny Realty) over 9 years ago
Unfortunately, this story is happening time and time again.  It breaks my heart when people like this have worked hard all their lives and then disaster happens.  It is so sad.  My heart goes out to them and you. 
Posted by Suzanne Gantner, GRI, E-Pro, SRES, SRS, ABR (Sky Realty, Central Texas Real Estate ) over 9 years ago

Tammy,

My Heart is breaking as well for them, and for you.  Unfortunately as Suzanne stated, it is happening more and more.  Its just terrible the stories that you hear about what is going on with forclosures, etc right now.  At least you tried to help!  Which is very important!  I too wish I had the magical pockets so that I can help others!  When I was a case manager, I had those feelings almost hourly.  Sometimes we really take for granted what we have.  Maybe this will help us all take the time to stop and smell some roses. (and possibly tell the people that are important to us that they are)  : )

Take Care & Have a Great '08!

Posted by Sylvie Dolley, CHMS, ePRO, SFR Phoenix Arizona Real Estate 602-32 (ESSENTIAL PROPERTIES, INC ) over 9 years ago

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