Didn’t bother to weigh in this morning due to the hour. Tomorrow….
As you are aware by now, the banks have been taking advantage of people with the foreclosure scandals.
So many seniors are getting foreclosure notices as well as reverse mortgage mail. They have celebrity ad men trying to con us into turning our homes over to them with the reward of remaining in our homes until we die. They hardly, if ever, mention the fact at the signing of this reversal, we pay them approximately $16-20,000 up front. Now they own our homes. Our families now get nothing. All of us want to leave our loved ones with something – (if not money)- “our homes.”
As for the foreclosures, when we took out our mortgages, many, many years ago (when banks were trusted). We signed with Bank A – Bank A sold out contracts to Bank B – who in turn sold it to either another bank or to a mortgage company. A program I watched concerning foreclosures said we are not obligated to pay anyone but the bank we took out our mortgage. We never signed anything with these new people. Call Your Bank!!
At our age, the last thing we need is to worry about is losing our homes!!
Where are the “golden years?” They are tarnishing. Beware of signing any papers!
Make someone laugh today we all need that.
Grannie B.
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