Topic: PLEASE READ!!!!!!!!!!
Queene123's photo
Tue 10/28/08 12:07 PM
SAN DIEGO (KGO) -- A San Diego woman is going to extreme measures to avoid foreclosure eviction.

June Reyno and her husband have lived in their suburban Mira Mesa home for 19 years. Reyno has now chained herself to the house to avoid being evicted.
A couple of years ago after Reyno lost her job; the couple took out an adjustable rate mortgage.
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"We went from a payment of almost $4,000 a month, and as of June first 2008 it was adjusted to $5,800," Reyno said.
Reyno says she has obtained financing from a new loan but the property management company is not interested. The company says the foreclosure and the eviction have nothing to do with the new loan.

pingpong's photo
Tue 10/28/08 12:08 PM
They should contact Code Pink...they managed to raise money to keep a woman in New York from losing her house to foreclosure.

Queene123's photo
Tue 10/28/08 12:10 PM

They should contact Code Pink...they managed to raise money to keep a woman in New York from losing her house to foreclosure.


i never heard of that

papersmile's photo
Tue 10/28/08 12:10 PM
i don't know if that's supposed to make me feel sympathetic or not

but if a couple is paying over $4,000/month in a mortgage, it sounds to me as though they are living way beyond their means, and it's tough for me to muster up any sympathy for them

i've never heard of an adjustable rate, but it sounds to me as though they gambled on lower interest rates - and lost.

reydar's photo
Tue 10/28/08 12:13 PM
Come on now.. for real.. 4000 a month for mortgage.. I don't even pay that in a month for my rent, and ALLL of my utilities including cable and food... give me a break.. if she can't afford her freaking million dollar home.. than maybe she needs to move on to something a little more affordable.

pingpong's photo
Tue 10/28/08 12:14 PM

i don't know if that's supposed to make me feel sympathetic or not

but if a couple is paying over $4,000/month in a mortgage, it sounds to me as though they are living way beyond their means, and it's tough for me to muster up any sympathy for them

i've never heard of an adjustable rate, but it sounds to me as though they gambled on lower interest rates - and lost.


Yeah, I kind of have to agree on that. I don't understand why somebody who apparently has enough to pay $4000 a month is unable to get a regular loan.